- For Sale Contact for pricing
- Property Type Industrial - Warehouse/Distribution
- Lot Size 13.49 SF
- Additional Rent Contact for pricing
- Date Updated Nov 18, 2024
UNDER CONTRACT
Colliers Midwest Investment Services, as an exclusive advisor, is pleased to present the opportunity to acquire the 100% fee simple interest in 4310 Stout Field North Drive in Indianapolis Indiana (“the Property”). The Property includes 263,230 square feet of industrial space (30,210 square feet of which is freezer) and sits upon 13.49 acres of I-3 zoned industrial ground located in Indianapolis’ highly coveted southwest submarket.
The Property is fully leased through July 9, 2026. The in-place NOI today stands 190% below our stabilized proforma NOI in Year 4, providing investors a rare opportunity to add immense value through a thoughtful lease up strategy of a well-located industrial asset boasting a unique combination of attributes – heavy industrial I-3 zoning, visible from and immediately accessible to I-70, +/-4 acres of expansion ground for outside storage, 30K SF of freezer space, long-term solar panel lease providing additional income and/or future ability to offset electricity expense, as well as being rail-served via spur.
4310 Stout Field provides the opportunity to acquire an infill industrial asset at a major discount to replacement cost in a desirable Indianapolis logistics submarket. The central location, high quality inexpensive labor, access to a significant portion of the North American population and quality of infrastructure create the perfect scenario for operators looking to establish a critical distribution infrastructure.
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Contacts
Alex Davenport
Rachel Patten
Alex Cantu
Location
Getting Around
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Walk Score ®
18/100 Car-Dependent -
Transit Score ®
17/100 Minimal Transit -
Bike Score ®
28/100 Somewhat Bikeable
- City Indianapolis, IN
- Neighborhood Drexel Gardens
- Zip Code 46241
- Market Indianapolis
Points of Interest
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Speedway
0.94 miles
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Quick Fuel
1.01 miles
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Shell
1.06 miles
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Phillips 66
1.17 miles
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Kroger
1.20 miles
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Tesla Destination Charger
4.30 miles
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Tesla Supercharger
4.49 miles
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ChargePoint
4.71 miles
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Electrify America
8.57 miles
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parking garage (1987-2008)
1.90 miles
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Allison Testing Lot
2.83 miles
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Dog n Bun parking lot
2.95 miles
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Walmart Lot
3.16 miles
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IMS Main Gate Parking
3.39 miles
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IMS Lot 3P
3.40 miles
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Leonard Park lot
3.40 miles
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IMS Lot 3G
3.41 miles
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IMS Administrative Building Parking
3.45 miles
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The Savoy
4.83 miles
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Gil Tacos
0.75 miles
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Subway
0.78 miles
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Jimmy John's
0.89 miles
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McDonald's
1.06 miles
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Chef Tia & Co
1.17 miles
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A Charley Biggs
1.18 miles
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Wendy's
1.18 miles
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Burger King
1.19 miles
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New Egg Roll King
1.20 miles
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Deproof African Resturant & Bar
1.21 miles
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Village Pantry
0.73 miles
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Bh Market Inc
1.05 miles
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Kroger
1.13 miles
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Hana Market
1.22 miles
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African Market
1.34 miles
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ALDI
1.55 miles
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Carniceria El Ranchito
1.99 miles
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Tienda Morelos
2.31 miles
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Supermercado Carniceria Puebla
2.70 miles
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Fountain Square Market
3.51 miles
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Wayne Township Fire Station 881
0.42 miles
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Concentra Urgent Care
0.97 miles
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Cummins Behavioral Health Systems - Indianapolis
1.11 miles
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Wayne Township Fire Station 82
1.22 miles
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CVS Pharmacy
1.25 miles
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Walgreens
1.68 miles
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Decatur Township Fire Station 774
2.03 miles
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Indianapolis Fire Station 18
2.57 miles
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Resolute
2.59 miles
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IND Airport Fire Station 2
2.80 miles
Frequently Asked Questions
How much does 263,230 SF Infill Industrial Asset | Outstanding Value Add Investment Opportunity cost?
The sale price for 263,230 SF Infill Industrial Asset | Outstanding Value Add Investment Opportunity is available upon request. Contact the listing broker for more information.
What is the total square footage of 263,230 SF Infill Industrial Asset | Outstanding Value Add Investment Opportunity?
263,230 SF Infill Industrial Asset | Outstanding Value Add Investment Opportunity totals 263,230 square feet.
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