Shadeland Technology Center — Lease in Indianapolis, IN

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Business
  • Location: Indianapolis, IN 46226
  • Submarket: East

Market Context

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

As of Q2 2026, the Indianapolis manufacturing 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.

Manufacturing market FAQ

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

Estimated Market Rate

$0.45/SF/mo – $0.61/SF/mo

Mid: $0.53/SF/mo

By our match to nearby addresses in brokers' reports, this property is in the East submarket, where average asking rent was $5.96/SF/yr in Cushman & Wakefield's Q2 2026 report.

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