Marcus & Millichap facilitated the sale of a 51,989-square-foot, single-tenant industrial property in Indianapolis, Indiana, for $6,675,000.
Gus Poulos, Forest Bender and Joseph DiSalvo, investment specialists in Marcus & Millichap’s Indianapolis office, had the exclusive listing to market the property on behalf of the local seller and out of market buyer.
Located at 3823 E. Massachusetts Ave., the property was fully renovated in 2022 and is net-leased to Service Electric Company, a subsidiary of Quanta Services. The 5.60-acre site includes 36-foot clear heights, 17 drive-in doors, one dock door and high-capacity power. The property is minutes from downtown Indianapolis with access to major interstates.
