Park Elmwood | Flexible Infill Industrial Suites with Immediate I-465 Access

5602 Elmwood Ave, Indianapolis, IN 46203

Property Information

  • For Lease Contact for pricing
  • Property Type Industrial - Warehouse/Distribution
  • Parking Spaces Avail. 300
  • Year Built 1978
  • Date Updated May 12, 2026

Description

Park Elmwood offers a rare opportunity to lease flexible shallow-bay industrial space in a highly desirable infill location on Indianapolis’ southeast side. The property consists of four buildings totaling ±133,200 SF, with suites designed to accommodate a wide range of industrial, service, and office users. Tenants benefit from small-bay flexibility (1,200–2,400 SF suites) with the ability to combine spaces up to ±4,650 SF, along with functional loading, strong parking ratios, and ongoing capital improvements by new ownership.

Strategically positioned just 0.7 miles from I-465, the property provides immediate access to Indianapolis’ major interstate network, placing tenants within minutes of I-65, I-70, and downtown Indianapolis.

Park Elmwood stands out as a highly functional, small-bay industrial park in a supply-constrained infill submarket. With flexible suite sizes, multiple loading options, and strong highway access, the property is well-positioned to serve a wide range of tenants seeking efficient and accessible space in Indianapolis.

 

Existing

Highlights

  • 14 clear height
  • 20100 SF available across 16 suites
  • Ample parking for industrial and office users
  • CCTV security system
  • Dock drivein loading
  • Max contiguous 4650 SF
  • New ownership investing in capital improvements (interior exterior and paving)
  • Suite sizes from 1200 SF 2400 SF

1 Space Available

Space Available

Space Type

Warehouse/Distribution

Lease Rate

Contact for pricing

Total Space

20,100 SF

Divisible Space

1,200 - 20,100 SF

Available Date

Immediate

Renewal Option

Yes

Sublease

No

Build Type

Full build out

HVAC

None

Contacts

James Cristee

Colliers

Korey Ryan

Colliers

Location

Contact Park Elmwood | Flexible Infill Industrial Suites with Immediate I-465 Access
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