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5545 W Raymond Street, Indianapolis, IN 46241

Indianapolis, IN | 217,800.00 sq. ft. | Est $ 114,345.00/mo

  • 5545 W Raymond Street, Indianapolis, Indiana 46241 Indianapolis,IN
  • 5545 W Raymond Street, Indianapolis, Indiana 46241 Indianapolis,IN
Space Available: 217,800.00 sq. ft.
Type: Industrial - Warehouse
Est. Rent: $0.58/SF/Month $7.00/SF/Year

 

• 7,050 total SF available (divisible to 2,400 SF or 4,650 SF)
• 14’ clear height
• Drive-in loading
• Zoned I-3-S
• Located in popular Park Fletcher Business Park
• Convenient interstate access to I-465 & I-70
• Close proximity to Downtown Indianapolis and Indianapolis International Airport

Warehouse Property Information

5545 W Raymond Street provides tenants 217800 square feet of warehouse space for rent in Indianapolis, IN.

This property is ideal for businesses seeking quality space for distribution, manufacturing and other warehouse uses.

For more details about 5545 W Raymond Street or any other warehouses in Indianapolis, IN request a complimentary property report.

Our free comprehensive warehouse availability report provides the amount of loading docks/drive-in doors, clear height, AMPS, office square footage, detailed floor plans, infrastructure, and other important details about 5545 W Raymond Street, Indianapolis, IN.

In addition to your property inquiry, our local experts will provide you with other options that fit your search criteria.

If you would like to search for additional properties, visit our Indianapolis, Indiana 46241 results page to view more alternatives now.


Indianapolis Local Warehouse Experts

WarehouseSpaces has assisted numerous companies and businesses locate warehouses for rent throughout the Indianapolis area.

Our local experts help companies ranging from small businesses to large multinational corporations.

Our comprehensive services are provided at no cost to our clients.

We assist Indianapolis area companies at every step of the lease process from property selection, scheduling tours, negotiating favorable lease terms and landlord concessions.

In addition, our Indianapolis, Indiana 46241 specialists provide complimentary space planning and lease review services to ensure you utilize space wisely and aren't losing money with unfavorable lease provisions.

Over the duration of a lease, our local experts can save you thousands of dollars, if not more by gaining free rent, early occupancy provisions, reduced rental rate, generous landlord covered tenant improvements and other considerations.

Call us today at (866) 980-0606 or fill out our requirement form to secure more info on the property of inquiry and free property availability report.

Frequently Asked Questions When Leasing Warehouse Space

1. What does NNN mean in a warehouse lease, and what does it include? -

A Triple Net Lease (NNN) is a type of commercial real estate lease where the tenant is responsible for paying all operating expenses associated with the property, in addition to the base rent. These expenses typically include:

  • Property Taxes: The tenant pays their share of the property taxes based on the leased space.
  • Building Insurance: The tenant pays their share of the property taxes based on the leased space.
  • Maintenance & Repairs: The tenant is responsible for maintenance and repairs of the leased space and common areas.
  • Common Area Maintenance (CAM) Fees: The tenant covers the costs of maintaining common areas, such as parking lots, landscaping, and shared facilities.
2. What additional costs are associated with an NNN lease?+

NNN is the cost exclusively for rent. The operating costs associated with the space, which are an additional cost on top of the NNN, are referred to by landlords as NETs. These include:

  • Property Taxes
  • Building Insurance
  • Maintenance & Repairs
  • Common Area Maintenance (CAM) Fees

These costs are paid to the landlord on a monthly basis on top of the NNN rent. So, not only do you pay the NNN rent, but you also pay the operating costs associated with the space.

3. What utilities are tenants responsible for?+

In addition to the NETs, tenants pay separately for utilities such as:

  • Electric
  • Gas
  • Internet
4. When you lease a warehouse, what are you responsible to maintain and repair?+

As a tenant, you are typically responsible for:

  • Interior Maintenance: Upkeep of the interior spaces such as office areas, restrooms, and storage spaces.
  • Repairs to Tenant Improvements: Any modifications or improvements made by you to the leased space.
  • Regular Cleaning: Ensuring the leased space is clean and orderly.
  • Minor Repairs: Fixing minor issues like changing light bulbs, maintaining HVAC filters, etc.
  • HVAC Maintenance and Repairs: You are typically responsible for maintaining and repairing the HVAC system.
  • Utilities: Maintenance of utility connections and payment for services like electricity, water, and internet.
5. What is the landlord responsible for maintaining and repairing?+

The landlord is generally responsible for:

  • Structural Repairs: Major repairs to the building's structure, such as the roof, foundation, and exterior walls.
  • Common Area Maintenance: Upkeep of shared areas like parking lots, landscaping, and common restrooms.
  • Major Mechanical Systems: Maintenance and repair of major systems like HVAC, plumbing, and electrical systems.
  • Building Insurance: Providing insurance coverage for the building itself.
  • Code Compliance: Ensuring the building complies with local building codes and safety regulations.
6. When you lease a warehouse, what are you responsible to maintain and repair?+

As a tenant, you are typically responsible for:

  • Interior Maintenance: Upkeep of the interior spaces such as office areas, restrooms, and storage spaces.
  • Repairs to Tenant Improvements: Any modifications or improvements made by you to the leased space.
  • Regular Cleaning: Ensuring the leased space is clean and orderly.
  • Minor Repairs: Fixing minor issues like changing light bulbs, maintaining HVAC filters, etc.
  • HVAC Maintenance and Repairs: You are typically responsible for maintaining and repairing the HVAC system.
  • Utilities: Maintenance of utility connections and payment for services like electricity, water, and internet.
7. What is the landlord responsible for maintaining and repairing?+

The landlord is generally responsible for:

  • Structural Repairs: Major repairs to the building's structure, such as the roof, foundation, and exterior walls.
  • Common Area Maintenance: Upkeep of shared areas like parking lots, landscaping, and common restrooms.
  • Major Mechanical Systems: Maintenance and repair of major systems like HVAC, plumbing, and electrical systems.
  • Building Insurance: Providing insurance coverage for the building itself.
  • Code Compliance: Ensuring the building complies with local building codes and safety regulations.
8. When you lease a warehouse space, who is responsible for what insurance costs?+

Tenant Responsibilities:

  • General Liability Insurance: The tenant typically covers general liability insurance to protect against claims of bodily injury or property damage that occur within the leased space.
  • Property Insurance: The tenant is usually responsible for insuring their own personal property and inventory within the warehouse.
  • Business Interruption Insurance: The tenant may also be responsible for obtaining business interruption insurance to cover lost income in the event of a disaster or unexpected event that disrupts operations.
  • Workers' Compensation Insurance (California): In California, the tenant is responsible for providing workers' compensation insurance for their employees.
  • Automotive Insurance: The tenant may also be required to show automotive insurance for company vehicles.
9. Can tenants change the space, and is it required to ask the landlord first prior to making changes to the space?+

Landlord Responsibilities:

  • Building Insurance: The landlord typically provides insurance coverage for the physical structure of the building, including the roof, walls, and foundation.
  • Liability Insurance for Common Areas: The landlord is responsible for insuring common areas and protecting against claims arising from accidents or injuries that occur in shared spaces like parking lots, lobbies, and hallways.
  • Tenant Changes: Tenants can make changes to the leased space, but it is typically required to ask for the landlord's approval first.
  • Landlord Approval: Major modifications, such as structural changes, installation of fixtures, or significant alterations, usually need written consent from the landlord.
  • Minor Changes: Some minor changes, like painting walls or minor cosmetic adjustments, may be permitted without approval, but it's best to check the lease agreement for specific guidelines.
  • Restoration: Tenants may be required to restore the space to its original condition at the end of the lease term unless otherwise agreed upon with the landlord.

Local Contact

Senior Leasing Manager


(866) 980-0606












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