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800 Industrial Dr 64,480 SF Industrial Building Franklin, IN 46131 For Sale

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INVESTMENT HIGHLIGHTS

  • Newly renovated, 64,480-square-foot industrial facility with prime connectivity and on-site rail in the heart of Franklin’s manufacturing hub.
  • Facility features a 19'6" to 22' clear height, 6 drive-in doors & 7 dock doors (more doors can be added), and a 1,200-amp, 480V, 3-phase power supply.
  • Desirable location in central Indiana with excellent connection to I-65, immediate access to US Highway 31, and proximity to a strong local workforce.
  • Significant improvements include a new TPO roof, building exterior replaced & insulation installed, all loading doors serviced or replaced, and more.
  • Strategically about 45 minutes to the Indianapolis Int'l Airport, the 2nd-largest FedEx air hub worldwide and the 8th-largest cargo airport in the US.
  • Within one day's drive of almost half of the US population and several major markets, including Chicago, Louisville, Detroit, & Columbus.

EXECUTIVE SUMMARY

Located in Franklin's thriving industrial district, 800 Industrial Drive offers a versatile and well-positioned industrial facility ideal for businesses seeking to establish or expand operations in Central Indiana.

Spanning 64,480 square feet, this dynamic industrial facility comprises an efficient warehouse floor plan with 1,900 square feet of dedicated office space and a 4,340-square-foot mezzanine space not included in the total square footage. Extensive property renovations are nearing completion, including a new TPO roof, replacing the building exterior and insulation, making interior improvements, and installing new drive-in doors with all loading doors serviced or replaced.

Building specifications include a 19-foot, 6-inch to 22-foot clear height, and six drive-in doors and seven dock doors, where more doors can be added. Expect LED lighting with motion sensors and a 1,200-amp, 480-volt, 3-phase power supply. Situated on a 20.32-acre site zoned for Industrial General (Heavy Industrial), 800 Industrial Drive provides outdoor storage and superior expansion opportunities. The property also has direct rail access provided by the Louisville & Indiana Railroad.

Franklin is a prolific manufacturing hub, offering an advantageous location with easy access to major population centers and premier logistical connectivity. 800 Industrial Drive sits in a prime spot just off US Highway 31 with convenient proximity to Interstate 65. Within about 45 minutes of the facility is the Indianapolis International Airport, notably the second largest FedEx air hub worldwide, ready to support all air cargo needs. The property is also strategically positioned with access to a strong local workforce. With superior logistical capabilities and exceptional facility enhancements, 800 Industrial Drive is an ideal investment or owner/user opportunity.

MATTERPORT 3D TOURS

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SALE FLYER

MORE ATTACHMENTS

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PROPERTY FACTS

Sale Type Investment or Owner User
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Distribution
  • Industrial Manufacturing
  • Industrial Truck Terminal
Building Class B
Lot Size 20.32 AC
Rentable Building Area 64,480 SF
No. Stories 1
Year Built/Renovated 1970/2025
Tenancy Single
Parking Ratio 0.48/1,000 SF
Clear Ceiling Height 22’
No. Dock-High Doors/Loading 7
No. Drive In / Grade-Level Doors 7
Opportunity Zone Yes
Zoning IG - Industrial General (Heavy Industrial)

AMENITIES

  • 24 Hour Access
  • Fenced Lot

UTILITIES

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor
  • 64,480 SF
  • Industrial
  • Full Build-Out
  • Now

This is a ±64,480-square-foot industrial building on ±20.32 acres situated within the heart of Franklin’s manufacturing hub.

Space Size Space Use Condition Available
1st Floor 64,480 SF Industrial Full Build-Out Now

1st Floor

Size
64,480 SF
Space Use
Industrial
Condition
Full Build-Out
Available
Now

1st Floor

Size 64,480 SF
Space Use Industrial
Condition Full Build-Out
Available Now

This is a ±64,480-square-foot industrial building on ±20.32 acres situated within the heart of Franklin’s manufacturing hub.

ABOUT JOHNSON COUNTY

Johnson County is located less than 30 miles south of downtown Indianapolis, making for a reasonable commute via Interstate 65. The area encompasses several major thoroughfares in addition to I-65, including U.S. Route 31 and State Route 44. Interstate 465, which offers access to the broader metro area and Indianapolis International Airport, is just six miles north of the Johnson County border.

Much of the area is populated with higher-income neighborhoods. Pockets of higher density are found in northern Johnson County, around Greenwood, and surrounding the communities of Whiteland and Franklin. The county offers a wealth of outdoor recreation and green spaces, including the 600-plus-acre Johnson County Park. Hoosier Horse Park, one of the state’s top equine show facilities, is located in the center of the park.

Johnson Memorial Health is one of the county’s top employers, with inpatient care provided at Johnson Memorial Hospital, located in Franklin, and multiple outpatient facilities. The manufacturing sector also has a significant presence in the county, with companies including NSK Precision, a leading manufacturer of bearings and other automotive components, and KYB, a manufacturer of aftermarket shocks and struts. Both firms operate plants in Franklin.

Industrial space is concentrated in the northern half of the county, along I-65 and U.S. Route 31. Johnson County is among the area’s most active from both a supply and demand standpoint, with tenants and developers attracted to the prime location and access to major thoroughfares. Investors have increasingly taken note, reflected in an outsized share of total sales and well above market pricing.

DEMOGRAPHICS

REGIONAL ACCESSIBILITY

50 Miles 50 Mi. 100 Miles 100 Mi. 500 Miles 500 Mi.
CITY
POPULATION
MILES
DRIVE TIME
Indianapolis
867,125
24
0 h 42 m
Columbus
892,533
192
3 h 45 m
Chicago
2,705,994
204
4 h 10 m
Detroit
672,662
298
5 h 55 m
Charlotte
872,498
547
10 h 44 m
Washington
702,455
584
11 h 17 m
ACCESS AND LABOR FORCE
10 MILES
Total Population
185,111
Total Labor Force
101,236
Unemployment Rate
2.37%
Median Household Income
$77,702
Warehouse Employees
20,101
High School Education Or Higher
91.60%
$ values in USD

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
41-08-03-041-061.000-009
Land Assessment
$2,393,173 CAD
Improvements Assessment
$1,707,879 CAD
Total Assessment
$4,101,052 CAD

SALE ADVISORS

SALE ADVISORS

Korey Ryan, Executive Vice President
Korey Ryan, SIOR is an Executive Vice President of Logistics & Industrial Advisory Services in the Indianapolis office of Colliers International. Partnering with Cam Kucic, SIOR, Korey specializes in the leasing, sales, and development of industrial real estate across Indiana and throughout the United States.

Korey brings extensive expertise in all aspects of industrial real estate, with a particular focus on Tenant Representation. Recognized as a rising leader in the field, he has developed and executed strategic corporate real estate solutions for numerous prominent companies nationwide. Korey’s approach emphasizes providing comprehensive analyses of how real estate decisions impact his clients’ operations—both functionally and financially. By creating innovative strategies and identifying cost-saving opportunities, he helps clients optimize their operations and improve their financial performance.

Since joining Colliers in June 2017, Korey has facilitated the sales and leasing of over ±8,500,000 square feet of industrial space. His achievements include:

NAIOP Indiana Emerging Broker of the Year (2020)
Colliers Indianapolis Peak Performer (2021)
Colliers Indianapolis Emerging Leader (2023)
Colliers Everest Club Member (2022, 2023, 2024)
Colliers Indianapolis Top Producing Team (2022 & 2023), alongside Cam Kucic
Colliers Indianapolis 2nd Top Producer (2024)
IOS List 2nd Most IOS Lease Transactions Nationally (2024)
Midwest Real Estate News Emerging Leader of the Year - Indiana (2025)

Korey earned his bachelor’s degree in Economics from Roosevelt University (Chicago), where he played Men’s Basketball throughout his collegiate career and served as team captain.
Brian Dell, Senior Vice President
Brian Dell SIOR, is a seasoned member of the Industrial Advisory Team with over 22 years in the industry. He possesses extensive knowledge and experience in the Indianapolis industrial market, having completed over 700 transactions. He brings particular strength in landlord and seller agency services for multi-tenant property, building, and land sales. Brian also follows his passion by specializing in corporate advisory services for multi-market companies and syndicates local real estate investments. His high level of integrity, creative solutions to challenges, and rigorous attention to detail – combined with his multi-faceted experience – provide clients with a well-rounded and powerful real estate advocate.

Prior to joining Colliers, Brian was a Sales and Leasing Executive with Mann Properties where he handled the leasing of 1.5 MSF primarily within industrial flex projects. Earlier, he was an industrial broker at Grubb & Ellis / Harding Dahm. He also worked at Prudential DicksonHughes Commercial Services as both a broker and a Wireless Site Acquisition Specialist.

While studying Finance – Real Estate at Indiana University, he interned with Figg Appraisal Corporation, acquiring valuable insight into the appraisal aspect of commercial real estate.
  • Listing ID: 34274704

  • Date on Market: 2024-12-23

  • Last Updated:

  • Address: 800 Industrial Dr, Franklin, IN 46131

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