Listed by Pinnacle Properties
$1,750,000
1101 Lafayette
Details
Property Type Industrial
Sub Type Warehouse, Manufacturing
Square Footage 65,891
Cap Rate 7.82%
NOI $136,863
Occupancy 100%
Tenancy Multi
Buildings 2
Acreage 3.260
Zoning M-1
Ground Lease No
Loading Docks 2
Dock High Doors 2
Industrial | 7.82% CAP | 65,891 SqFt
Marketing description
This 65,891 square foot industrial property is located at 1101 Lafayette Street in Elkhart, IN. The property consists of two buildings on 3.26 acres, including a 0.46 acre parking lot. The property is 100% occupied by two tenants: MX5, a leading provider of contract manufacturing and supply chain solutions specializing in metal fabrication, machining, welding, assembly, and logistics services; and Solsta a leading designer and manufacturer of advanced battery packs, chargers, and power management solutions for mission-critical applications serving industries such as medical, military, aerospace, industrial, and energy.
Investment highlights
- 65,891 SF Total Space
- 3.26 Acres (including a 0.46 Acre Parking Lot)
- 2 Overhead Doors (1 East Building, 1 West Building)
- 2 Docks (1 East Building, 1 West Building)
- Power:
- East Building: 480 volt three phase 1200 amp
- West Building: Total of three services
- 240 volt single phase 800 amp
- 480 volt three phase 1200 amp
- 480 volt three phase 6000 amp
- Inside we have a transformer 500kva that feeds two buss ducts 800 amp each
- Both lots and parking are fully fenced
- M1 - Light Manufacturing
- Taxes '25, pay '26: $28,967.48
Listing Contacts
Listed by Pinnacle Properties
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$136,863.00
$11,405.25/mo
Valuation Metrics
0
DSCR
7.82%
Cap Rate
7.82%
ROI
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