Pogues Run Business Park — Lease in Indianapolis, IN

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Industrial Property
  • Location: Indianapolis, IN 46218

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Description

Pogues Run Business Park + BUILDING #1 4805 Punjab Dr.: Unit 1001 (3,000 SF) + BUILDING #2 4945 Punjab Dr: Unit 2001 (3,000 SF) + BUILDING #3 4915 Karobar Dr.: Unit 6002 (3,000 SF) + BUILDING #6 4910 Karobar Dr.: Unit 6002 (2,000 SF) and Unit 6003 (2,000 SF)

Market Context

This industrial in Indianapolis, IN is listed for lease. Compare it against other industrial listings for lease in Indianapolis, IN — view the full market.

As of Q2 2026, the Indianapolis industrial market showed a 6.0% vacancy rate, average asking rents near $6.37/SF/yr, and rents up 1.6% year over year. Source: multiple brokerage reports, Q2 2026.

Rising rents point to a competitive market where well-priced, well-located space leases quickly.

Industrial market FAQ

Is the Indianapolis industrial market tightening or softening?
Vacancy is around 6.0%, with asking rents rising year over year (Q2 2026).

Estimated Market Rate

$0.46/SF/mo – $0.62/SF/mo

Mid: $0.54/SF/mo

Based on comparable properties in similar markets rather than local sales.

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