Franklin Industrial Center / #2363

Industrial for Sale
Catylist Listing ID: 30730536
Property Subtypes: Industrial-Business Park, Warehouse/Distribution
Building Size (RSF): 65,544 SF
Gross Building Area: See Agent
Gross Land Area: 2.58 Acres
Sale Price: $1,645,000
Unit Price: $25.10 PSF
Ceiling: 18 ft. Clear
Docks/Doors: 3 Docks
Drive In Bays: 8 Bays
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/27/2021

Overview / Comments

819-825 E. Franklin - $350,000
- building consists of 4 spaces, totaling 15,068 SF
- 819-821 / 5610 SF and currently vacant
- 823 / 4175 SF and leased to a national tenant for 5 years
- 825 / 4550 SF and has mth/mth tenant
* Annual Income $79,900

827-909 E. Franklin - $1,295,000
- building consists of 5 spaces, totaling 50,476 SF
- 827 / 9400 SF and leased to a national tenant
- 829-831 / 9400 SF each and currently vacant
- 835 & 909 / 21,920 SF and currently leased
* Annual Income $120,000

***Total Annual Income Gross - $199,900
Taxes - $9,600
Insurance - $24,907

* Cross Access Agreement in place

Attachments & Media

Additional Details

Nearest MSA: Evansville
County: Vanderburgh
Tax ID/APN: 82-06-20-024-105.003.029
Zoning: M-3
Property Located Between: Division St. & Franklin St / N. Morton Ave & N. Kentucky Ave
Highway Access: Hwy. 41
Tenancy: Multiple Tenants
Total Number of Buildings: 2
Number of Stories: 1

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 16,826 86,221 140,557
Median Age: 33.11 37.58 38.19
Households: 6,332 36,138 60,211
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