Warehouse City Industrial Complex

Industrial for Sale
Catylist Listing ID: 30040755
Property Subtypes: Industrial-Business Park
Building Size (RSF): 364,952 SF
Sale Price: $2,200,000
Unit Price: $6.03 PSF
Docks/Doors: 104 Docks, 8 Doors
Property Use Type: Investment
Building Name: Warehouse City Complex
Usable Size (USF): 364,952 SF
Sale Terms: Cash to Seller
Cap Rate: 12.0%
Last Updated: 6/27/2017

Overview / Comments

Industrial Complex consisting of 15 buildings ranging in size from 3,000 - 79,000 sq. ft. located on approximately 25 acres. Property is conveniently located between Indianapolis and Ft. Wayne, off of I-69. Well maintained buildings varying in size and age.

Additional Details

Nearest MSA: Marion
County: Grant
Taxing Authority: Grant County, Indiana
Tax ID/APN: See agent notes below
Zoning: INDUSTRIAL 1
Property Located Between: Pennsylvania Ave. and Lincoln Blvd.
Highway Access: Easy access to SR 18, I-69, SR 9, ST 15, ST 37
Site Description: Industrial complex consisting of 15 buildings located between Indianapolis and Ft. Wayne, Indiana. Property is owned and managaed by the listing broker.
Tenancy: Multiple Tenants
Total Number of Buildings: 15
Number of Stories: 1
Property Condition: Good
Year Built: 1972
Roof Type: Gable
Construction/Siding: Concrete, Metal Siding, Steel Frame, Wood Frame, Other
Parking Type: Surface
Parking Description: Gravel lots
Eave Height: 21
Column Spacing: 50' x 25' max.
Overhead Cranes: Undisclosed
Sprinklers: Dry
X-Phase: 3-phase max
Heat Type: Natural Gas, Suspended Radiant Heaters
Heat Source: Baseboard, Ceiling Units, Radiant
Air Conditioning: Package Unit, Window Unit
Lighting: High Pressure Sodium, Metal Halide, Mercury Vapor, Halogen
Internet Access: Cable, DSL, ISDN, Satellite, T1/T3, Dialup
Zoning Description: Industrial I-1
Water Service: Municipal
Sewer Type: Municipal
Easements: Utilities, Other
Land Ownership: Maidenberg Associates, LLC

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,038 31,187 46,194
Median Age: 35.55 38.57 40.41
Households: 1,959 12,216 18,495

Contact

Source

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