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Park Highlights

  • (4) INDUSTRIAL BUILDINGS I (2) SECURED & GATED OUTDOOR STORAGE PARCELS
  • IDEAL INFILL LOCATION
  • HEAVY POWER CAPABILTIES

Park Facts

Total Space Available 129,500 SF
Park Type Industrial Park

All Available Spaces(4)

Display Rental Rate as

1428 W Henry St
1428 Innovator Way - Building 1
27,000 SF | $5.53 CAD/SF/YR $0.46 CAD/SF/MO $59.57 CAD/m²/YR $4.96 CAD/m²/MO $12,452 CAD/MO $149,423 CAD/YR | View Building Details
Building Type/Class
Industrial/B
Building Subtype
Warehouse
Building Size
27,000 SF
Lot Size
10.92 AC
Year Built/Renovated
1902/2025
Construction
Masonry
Clear Height
18’
Drive In Bays
4
Sprinkler System
Wet
Power Supply
Amps: 2,500 Volts: 480 Phase: 3
Zoning
I-4 - Heavy industrial, allows for outdoor storage
  • Space
  • Size
  • Term
  • Rental Rate
  • Space Use
  • Build-Out
  • Available
  • 1st Floor
  • 27,000 SF
  • Negotiable
  • $5.53 CAD/SF/YR $0.46 CAD/SF/MO $149,423 CAD/YR $12,452 CAD/MO
  • Industrial
  • Full Build-Out
  • Now

Functional warehouse configuration ideal for warehouse, contractor, logistics and service users.

  • Listed rate may not include certain utilities, building services and property expenses
  • 4 Loading Docks
  • Space is in Excellent Condition
  • Recently painted and upgraded
Space Size Term Rental Rate Space Use Build-Out Available
1st Floor 27,000 SF Negotiable $5.53 CAD/SF/YR $0.46 CAD/SF/MO $149,423 CAD/YR $12,452 CAD/MO Industrial Full Build-Out Now
1428 W Henry St
1428 Innovator Way - Building 1
27,000 SF | $5.53 CAD/SF/YR $0.46 CAD/SF/MO $59.57 CAD/m²/YR $4.96 CAD/m²/MO $12,452 CAD/MO $149,423 CAD/YR | View Building Details
Building Type/Class
Industrial/B
Building Subtype
Warehouse
Building Size
27,000 SF
Lot Size
10.92 AC
Year Built/Renovated
1902/2025
Construction
Masonry
Clear Height
18’
Drive In Bays
4
Sprinkler System
Wet
Power Supply
Amps: 2,500 Volts: 480 Phase: 3
Zoning
I-4 - Heavy industrial, allows for outdoor storage

1428 Innovator Way - 1st Floor

Size
27,000 SF
Term
Negotiable
Rental Rate
$5.53 CAD/SF/YR $0.46 CAD/SF/MO $149,423 CAD/YR $12,452 CAD/MO
Space Use
Industrial
Build-Out
Full Build-Out
Available
Now
1428 W Henry St
1428 W Innovator Way - Building 3
60,000 SF | $10.38 CAD/SF/YR $0.86 CAD/SF/MO $111.69 CAD/m²/YR $9.31 CAD/m²/MO $51,883 CAD/MO $622,598 CAD/YR | View Building Details
Building Type
Industrial
Building Subtype
Warehouse
Building Size
110,373 SF
Lot Size
11.01 AC
Year Built
1989
Drive In Bays
1
Dock Doors
5
Power Supply
Phase: 3
Zoning
I-4 - Heavy Industrial
  • Space
  • Size
  • Term
  • Rental Rate
  • Space Use
  • Build-Out
  • Available
  • 1st Floor
  • 60,000 SF
  • Negotiable
  • $10.38 CAD/SF/YR $0.86 CAD/SF/MO $622,598 CAD/YR $51,883 CAD/MO
  • Industrial
  • Full Build-Out
  • Now

Large-scale warehouse opportunity with multiple private buildouts

  • Listed rate may not include certain utilities, building services and property expenses
  • 5 Loading Docks
  • 1 Drive Bay
  • Ideal for distribution, logistics, manufacturing
Space Size Term Rental Rate Space Use Build-Out Available
1st Floor 60,000 SF Negotiable $10.38 CAD/SF/YR $0.86 CAD/SF/MO $622,598 CAD/YR $51,883 CAD/MO Industrial Full Build-Out Now
1428 W Henry St
1428 W Innovator Way - Building 3
60,000 SF | $10.38 CAD/SF/YR $0.86 CAD/SF/MO $111.69 CAD/m²/YR $9.31 CAD/m²/MO $51,883 CAD/MO $622,598 CAD/YR | View Building Details
Building Type
Industrial
Building Subtype
Warehouse
Building Size
110,373 SF
Lot Size
11.01 AC
Year Built
1989
Drive In Bays
1
Dock Doors
5
Power Supply
Phase: 3
Zoning
I-4 - Heavy Industrial

1428 W Innovator Way - 1st Floor

Size
60,000 SF
Term
Negotiable
Rental Rate
$10.38 CAD/SF/YR $0.86 CAD/SF/MO $622,598 CAD/YR $51,883 CAD/MO
Space Use
Industrial
Build-Out
Full Build-Out
Available
Now
1428 W Henry St
1428 Innovator Way - Building 4
25,000 SF | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | View Building Details
Building Type
Industrial
Building Subtype
Warehouse
Building Size
25,000 SF
Lot Size
2.00 AC
Year Built
1989
Construction
Masonry
Drive In Bays
1
Dock Doors
5
Power Supply
Phase: 3
Zoning
I-4 - Heavy Industrial, outdoor storage uses permitted
  • Space
  • Size
  • Term
  • Rental Rate
  • Space Use
  • Build-Out
  • Available
  • 1st Floor
  • 25,000 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • Industrial
  • Full Build-Out
  • Now

This functional warehouse layout has strong loading capabilities

Space Size Term Rental Rate Space Use Build-Out Available
1st Floor 25,000 SF Negotiable Upon Request Upon Request Upon Request Upon Request Industrial Full Build-Out Now
1428 W Henry St
1428 Innovator Way - Building 4
25,000 SF | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | View Building Details
Building Type
Industrial
Building Subtype
Warehouse
Building Size
25,000 SF
Lot Size
2.00 AC
Year Built
1989
Construction
Masonry
Drive In Bays
1
Dock Doors
5
Power Supply
Phase: 3
Zoning
I-4 - Heavy Industrial, outdoor storage uses permitted

1428 Innovator Way - 1st Floor

Size
25,000 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Space Use
Industrial
Build-Out
Full Build-Out
Available
Now
1428 W Henry St
1428 Innovator Way - Building 2
17,500 SF | $14.53 CAD/SF/YR $1.21 CAD/SF/MO $156.37 CAD/m²/YR $13.03 CAD/m²/MO $21,186 CAD/MO $254,227 CAD/YR | View Building Details
Building Type
Industrial
Building Subtype
Warehouse
Building Size
17,500 SF
Year Built
1989
Drive In Bays
2
Power Supply
Phase: 3
Zoning
I-4 - Heavy Industrial, outside storage permitted
  • Space
  • Size
  • Term
  • Rental Rate
  • Space Use
  • Build-Out
  • Available
  • 1st Floor
  • 17,500 SF
  • Negotiable
  • $14.53 CAD/SF/YR $1.21 CAD/SF/MO $254,227 CAD/YR $21,186 CAD/MO
  • Industrial
  • Full Build-Out
  • Now

Functional layout for industrial, operational or flex users.

  • Listed rate may not include certain utilities, building services and property expenses
  • 2 Loading Docks
  • Includes 2,100 SF of dedicated office space
  • Clear-span warehouse configuration
Space Size Term Rental Rate Space Use Build-Out Available
1st Floor 17,500 SF Negotiable $14.53 CAD/SF/YR $1.21 CAD/SF/MO $254,227 CAD/YR $21,186 CAD/MO Industrial Full Build-Out Now
1428 W Henry St
1428 Innovator Way - Building 2
17,500 SF | $14.53 CAD/SF/YR $1.21 CAD/SF/MO $156.37 CAD/m²/YR $13.03 CAD/m²/MO $21,186 CAD/MO $254,227 CAD/YR | View Building Details
Building Type
Industrial
Building Subtype
Warehouse
Building Size
17,500 SF
Year Built
1989
Drive In Bays
2
Power Supply
Phase: 3
Zoning
I-4 - Heavy Industrial, outside storage permitted

1428 Innovator Way - 1st Floor

Size
17,500 SF
Term
Negotiable
Rental Rate
$14.53 CAD/SF/YR $1.21 CAD/SF/MO $254,227 CAD/YR $21,186 CAD/MO
Space Use
Industrial
Build-Out
Full Build-Out
Available
Now

1428 Innovator Way - 1st Floor

Size 27,000 SF
Term Negotiable
Rental Rate $5.53 CAD/SF/YR
Space Use Industrial
Build-Out Full Build-Out
Available Now

Functional warehouse configuration ideal for warehouse, contractor, logistics and service users.

  • Listed rate may not include certain utilities, building services and property expenses
  • Space is in Excellent Condition
  • 4 Loading Docks
  • Recently painted and upgraded

1428 W Innovator Way - 1st Floor

Size 60,000 SF
Term Negotiable
Rental Rate $10.38 CAD/SF/YR
Space Use Industrial
Build-Out Full Build-Out
Available Now

Large-scale warehouse opportunity with multiple private buildouts

  • Listed rate may not include certain utilities, building services and property expenses
  • 1 Drive Bay
  • 5 Loading Docks
  • Ideal for distribution, logistics, manufacturing

1428 Innovator Way - 1st Floor

Size 25,000 SF
Term Negotiable
Rental Rate Upon Request
Space Use Industrial
Build-Out Full Build-Out
Available Now

This functional warehouse layout has strong loading capabilities

1428 Innovator Way - 1st Floor

Size 17,500 SF
Term Negotiable
Rental Rate $14.53 CAD/SF/YR
Space Use Industrial
Build-Out Full Build-Out
Available Now

Functional layout for industrial, operational or flex users.

  • Listed rate may not include certain utilities, building services and property expenses
  • Includes 2,100 SF of dedicated office space
  • 2 Loading Docks
  • Clear-span warehouse configuration

Select Tenants at This Property

  • Floor
  • Tenant Name
  • Industry
  • 1st
  • Aerospace
  • Manufacturing
  • 1st
  • Deco Coatings
  • Manufacturing
  • 1st
  • Indymachineparts
  • Wholesaler
  • 1st
  • South Investment Group
  • Real Estate
  • 1st
  • The Dilling Group, Inc
  • Professional, Scientific, and Technical Services
  • 1st
  • USA Up Star LLC
  • Transportation and Warehousing

Park Overview

POSITIONED WITHIN INDIANAPOLIS’ RAPIDLY TRANSFORMING WHITE RIVER INNOVATION DISTRICT, 1428 INNOVATOR WAY INTRODUCES A RARE HEAVY INDUSTRIAL LEASING OPPORTUNITY AT THE CENTER OF ONE OF THE CITY’S MOST ACTIVE REDEVELOPMENT CORRIDORS. THE MULTI-BUILDING INDUSTRIAL COMPLEX OFFERS A COMBINATION OF WAREHOUSE, FLEX, OFFICE AND OUTDOOR STORAGE CAPABILITIES, DESIGNED TO ACCOMMODATE A WIDE RANGE OF INDUSTRIAL, LOGISTICS, CONTRACTOR, MANUFACTURING AND OPERATIONAL USERS. COMPRISED OF FOUR INDUSTRIAL BUILDINGS AND TWO SECURED OUTDOOR STORAGE PARCELS, THE PROPERTY FEATURES HEAVY I-4 ZONING, HEAVY 3-PHASE POWER, CLEAR-SPAN WAREHOUSE CONFIGURATIONS, DOCK AND DRIVE-IN LOADING, AND IMMEDIATE ACCESS TO I-70, I-65 AND I-465. LOCATED ADJACENT TO THE NEW ELANCO GLOBAL HEADQUARTERS CAMPUS AND SURROUNDED BY SIGNIFICANT PUBLIC AND PRIVATE INVESTMENT, THE PROPERTY SITS WITHIN A DISTRICT EXPERIENCING SUBSTANTIAL INFRASTRUCTURE IMPROVEMENTS AND LONG-TERM ECONOMIC GROWTH. THE NEARBY HENRY STREET BRIDGE PROJECT, A $43+ MILLION REDEVELOPMENT INITIATIVE CONNECTING DOWNTOWN INDIANAPOLIS TO THE NEAR WEST SIDE, FURTHER REINFORCES THE AREA’S MOMENTUM AND ACCESSIBILITY. RECENT OWNERSHIP IMPROVEMENTS ACROSS THE COMPLEX INCLUDE RENOVATIONS TO SIDING, LIGHTING, LOADING INFRASTRUCTURE, FENCING AND OPERATIONAL FUNCTIONALITY, CREATING A MORE EFFICIENT AND UPGRADED ENVIRONMENT FOR FUTURE TENANTS. A STRATEGIC INFILL INDUSTRIAL OPPORTUNITY WITHIN ONE OF INDIANAPOLIS’ FASTEST-EVOLVING SUBMARKETS.

Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
20/100
Moderately bikeable
60/100
  • Listing ID: 40697279

  • Date on Market: 2026-05-28

  • Last Updated:

  • Address: 1428 W Henry St, Indianapolis, IN 46221

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