3205 N.4th Street, North Vernon, IN

3205 N.4th Street, North Vernon, Indiana 47265

  • Property Subtypes Manufacturing , Warehouse/Distribution
  • Building Size (RSF) 99,900 SF
  • Gross Building Area 99,900 SF
  • Building Status Existing
  • Sale Price $7,000,000.00 - Total
  • Property Use Type InvestmentVacant/Owner-User
  • Class of Space N/A
  • Total Land Size 24 Acres
  • Sale Terms Cash to Seller
  • Cap Rate 6.79
  • Last Updated 10/2/2020
  • Days on Market 83 Days
  • Status active

Overview / Comments

Building completed May 2020. Absolute net lease. 15-year lease signed at closing. Tenant has additional facilities in Indiana and Alabama, and has been part of the Jennings County community for 27 years. Additional 12 acres for future planned growth of tenant. Located in an Opportunity Zone.

Additional Details

  • Tax ID/APN 40-09022-300-008.006-004
  • Total Number of Buildings 1
  • Number of Stories 1
  • Year Built 2013
  • Year Renovated 2020
  • Zoning Description IH - Heavy Industrial. Opportunity Zone