The Doughty Industrial Group of Marcus & Millichap is pleased to present the sale offering of 5739 Professional Cir, a value-add investment or owner-user industrial offering located in Indianapolis, Indiana. The property resides on the near southwest side of Indianapolis, and is located directly next to Indianapolis International Airport, with immediate access to I-465 and I-70, offering interstate access to the greater Indianapolis Area and the Midwest.
The subject property consists of 2 units, one of which could be divided into multiple units, totaling 64,858 square feet, with 48,876 square feet of warehouse space, and 15,982 square feet of office space. The property sits on 3.53 acres and was originally constructed in 1967, with multiple additions added on since it’s construction.
The property is currently partially occupied by one tenant, Tower Communications Expert, occupying 16.22% of the property, while 54,341 square feet of the property is currently vacant. Tower Communications Expert operates on a net lease at a rate of $5.89/SF NNN which expires at the end of April 2026, and the tenant is open to negotiating an extension or new lease.
The purchase of this offering presents an investor or owner-user with the opportunity to acquire a highly functional industrial/flex property with value-add upside that’s strategically located next to Indianapolis International Airport and major interstates, offering significant distribution access.