List Search

3849 N Richardt Ave
Indianapolis, IN 46226 Arlington Woods

Price Upon Request

Light Distribution For Sale  •  78,286 SF

Property Details

  • Property Type Light Distribution
  • Total Building Size 41,350 SF
  • Lot Size 2.48 AC
  • Building Class C
  • Year Built 1989
  • Tenancy Multiple
  • Zoning SU1 primary and CS second
34 Transit Score
44 Walk Score

Highlights

41,350 SF building in a premier Indianapolis industrial corridor with immediate I-465 access
Five tenants with a 3.09-year WALT provide stable, diversified cash flow and reduced investment risk
Extensive recent renovations, including roof, HVAC, offices, and doors significantly reduce near-term capital expenditures
Current rents are 21% below market, creating a clear value-add opportunity through future rent growth

Property Flyers

Amenities

  • Bus Line

Public Transportation

Commuter RailDriveWalkDistance
Indianapolis (Cardinal - Amtrak) 18 min - 10.0 mi
AirportDriveWalkDistance
Indianapolis International 40 min - 22.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 225
Type: Surface
Included in Rent: Yes
Alex Davenport 317-556-3676 Colliers
Alex Davenport 317-556-3676 Colliers