- For Lease Contact for pricing
- Property Type Industrial
- Property Size 49,813 SF
- Lot Size 3.42 Acre
- Building Class B
- Year Built 1992
- Date Updated Oct 17, 2025
Description
Property Overview
51,589 SF light industrial/flex building in the Airport Business Centre Submarket, one of Indianapolis’s strongest industrial hubs. The site totals 3.42 acres with great truck maneuverability, four docks (three with levelers), and one 16’H x 14’W drive-in door.
Currently 62.4% leased, offering immediate upside by leasing or re-tenanting the remaining 19,384 SF or get current tenant out for flexibility Excellent fit for investors or owner-users seeking flexible space near the airport and major interstates.
Highlights
• Size: 51,589 SF
• Vacant: 19,384 SF
• Occupancy: 62.4%
• Land: 3.42 AC
• Zoning: I-3
• Year Built: 1992 + additions
• Clear Height: 13.5’–24’
• Docks: 4 (3 w/ levelers)
• Drive-In: 1 (16’H x 14’W)
• Power: 400A 277/480V stepped to 200A 120/208V
• Sprinklered: Yes
• Parking: ±50 spaces
Income & Lease
• Tenant is (62.4% of building)
• Lease Expiration: 3/31/2029
• Base Rent (Yr 2): $247,200 ($7.68/SF NNN)
• NNN: $2.41/SF/yr
• Lease Type: NNN
Strong existing cash flow with future value through lease-up or subdivision for multiple tenants.
Value-Add Potential
• Lease rear 14,400 SF (13.5’ clear) and front 4,984 SF (24’ clear)
• Add sub-metered utilities for multi-tenant setup
• Utilize concrete mezzanine for storage or assembly
• Gate side yard for trailer or contractor storage (10 trailers max)
Tours & Media
3D Tour:
Highlights
- Proximity to I-465, I-70, and Indianapolis International Airport makes it a highly desirable hub for logistics, aerospace, and advanced manufacturing users.
- Located in the Airport Indianapolis submarket near the airport and major distribution corridors, 6352 Airway sits in one of the most active industrial nodes in the region.
- The property offers ample parking (3.42 acres total), and great truck maneuverability with outdoor trailer storage in configurations up to 10 trailers.
- Covered or crane-access areas provide added tenant utility, particularly for engineering, light manufacturing, or aerospace-related (due to concrete mezzanine) users
- Currently 62.4% occupied by a single tenant, leaving significant vacancy and excess office space available. The building is divisible and features a back warehouse with oversized drive-in door, crane bay, and clear heights ranging from ~14’–24’.
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Contacts
SKYRISECRE
Location
Located at 6352 Airway Drive, Indianapolis, IN 46241, this property is part of the Ameriplex neighborhood and Indianapolis market.
SKYRISECRE