Austin Distribution

500 N. US 31, Austin, Indiana 47102

  • Property Subtypes Warehouse/Distribution , Manufacturing , Light Industrial
  • Building Size (RSF) 260,000 sf
  • Gross Building Area 270,000 sf
  • Building Name Austin Distribution
  • Building Status Existing
  • Available Space 225,000 Sf
  • Min/Max Available Space 225000 Sf
  • Sale Price $5,250,000.00 Total
  • Unit Price $20.19 per sf
  • Property Use Type InvestmentVacant/Owner-User
  • Class of Space N/A
  • Total Land Size 10.89 Acres
  • Sale Terms Cash to Seller
  • Cap Rate Undisclosed
  • Last Updated 6/17/2020
  • Status active

Overview / Comments

This building was formerly known as the American Can Building.The building has been occupied for the last 10 years by a large food canning company and is USDA approved. They occupied approximately 236,000 square feet until June 30, 2019. There is an additional 24,000 square feet that is presently leased to Tri-Hawk Automotive and they have been there for two years. They are on a one year lease and started with 5 renewals they have 3 left. The building is in good condition and has been maintained. The entire electrical for the building was updated by Duke in 2017. There are 19 docks and 1 grade level door. The building has approximately 77,000 square feet with 30' ceilings and the remainder is 17' ceilings with the exception of the 24,000 square feet that Tri-Hawk occupies. It has 13' ceilings. The entire building fronts US. 31 and is less than 5 minutes from I-65 exit 34 and exit 36. Excellent location with great logistics to Louisville, Indianapolis, St. Louis, and Cincinnati. This space could be divided into a 61,000 square foot space or a 77,000 square foot high bay area or 175,000 square feet up to a total of 236,000 square feet.

Additional Details

  • Tax ID/APN 72-03-36-200-013.000-002
  • Zoning Industrial
  • Property Visibility N/A
  • Total Number of Buildings 1
  • Tax Auth Scott County
  • Land Ownership owned
  • Zoning Description Industrial

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