Indiana Warehouse Lease Agreement (2025)

The warehouse market in Indiana is experiencing steady growth, driven by the state's strategic location within the Midwest's logistics corridor. As of 2025, vacancy rates hover around 7%, reflecting a healthy balance between supply and demand. Typical lease terms range from 3 to 10 years, with longer terms often negotiated for larger spaces or customized build-outs. Trends indicate a rising demand for fulfillment centers, spurred by e-commerce growth, which is pushing developers to prioritize locations near major transportation hubs. The market is competitive, and tenants must act quickly to secure prime spaces.

• Ensure structural integrity: Landlords must maintain the structural soundness of the property, including the roof, walls, and foundation, to ensure tenant safety.
• Compliance with safety regulations: Indiana law mandates that warehouse facilities comply with fire safety and building codes, requiring landlords to regularly inspect and upgrade systems as needed.
• Maintain common areas: Landlords are responsible for the upkeep of shared spaces, such as parking lots and loading docks, ensuring they are safe and accessible.
• Provide adequate utilities: It is the landlord's duty to ensure that essential utilities like electricity, water, and heating are operational and meet the needs of the tenants.
• Insurance requirements: Landlords must carry property insurance to cover potential structural damages and liability issues, as required by Indiana regulations.

• Right to quiet enjoyment: Tenants are entitled to use the property without interference from the landlord, ensuring a disturbance-free operational environment.
• Right to timely repairs: Indiana law obliges landlords to address necessary repairs promptly, especially those affecting business operations.
• Right to safety and security: Tenants can expect the landlord to provide a safe environment, including adequate lighting and secure access points.
• Right to fair lease terms: Tenants have the right to negotiate lease terms and to be informed of any changes in terms, ensuring transparency and fairness.
• Right to early termination conditions: Tenants can include provisions in the lease for early termination under specific circumstances, protecting their business interests.

Warehouses in Indiana must adhere to specific zoning laws, often classified under industrial or commercial use. Permits are required for any modifications to the structure, particularly if they involve electrical or plumbing systems. Additionally, businesses must carry liability insurance to protect against potential claims. Compliance with OSHA standards is mandatory to ensure the safety of employees and visitors. Understanding these regulations is crucial for both landlords and tenants to avoid legal complications.

Storage facilities, fulfillment centers

State: Indiana

Property Type: Warehouse

Document: Commercial Lease