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Indianapolis industrial building sells for $6.7 million

Fully leased 1930-built facility trades at 7.75% cap rate
3823 E. Massachusetts Ave, Indianapolis (CoStar)
3823 E. Massachusetts Ave, Indianapolis (CoStar)
By Aamir Ali
CoStar Research
December 19, 2025 | 3:55 P.M.

Westrock Development bought a fully leased industrial facility in Indianapolis for $6.675 million, or about $128 per square foot.

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News | Indianapolis industrial building sells for $6.7 million