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 Sep 1, 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 (1,200–3,600 SF suites), 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

  • ±20,250 SF available across 16 suites
  • 14’ clear height
  • Ample parking for industrial and office users
  • CCTV security system
  • Dock & drive-in loading
  • New ownership investing in capital improvements (interior, exterior, and paving)
  • Suite sizes from 1,200 SF 2,400 SF

1 Space Available

Space Available

Space Type

Warehouse/Distribution

Lease Rate

Contact for pricing

Total Space

20,250 SF

Divisible Space

1,200 - 20,250 SF

Available Date

Immediate

Renewal Option

Yes

Sublease

No

Contacts

Location

Located at 5602 Elmwood Ave, Indianapolis, IN 46203, this property is part of the Beech Grove neighborhood and Indianapolis market.

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