$1,275,000
6301 W 400 N Greenfield, IN
Details
APN 300513102001000006
Property Type Industrial
Sub Type Warehouse
Square Footage 10,000
Net Rentable (SqFt) 10,000
Units 1
Cap Rate 7.27%
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Expiration 12/31/2029
Remaining Term 3.5
Rent Bumps Yes
Price per SqFt $128
Year Built 1990
Stories 1
Acreage 2.010
Ground Lease No
6301 W 400 N, Greenfield, IN
Marketing description
6301 W 400 N represents an opportunity to acquire a single-tenant industrial investment within the Mount Comfort Logistics Park.
The 10,000 SF office/warehouse sits on 2.01 acres and benefits from its proximity to I-70, Indianapolis Regional Airport, and numerous national logistics users. The lease provides 4.0% annual rent increases.
Investment highlights
- Functional office/warehouse layout attractive to investors and owner-users
- Replaceable rent in line with current market rates
- Existing building has future expansion potential
- NNN lease with approximately 3.5 years remaining
- 4.0% annual rent increases through remainder of primary term and two five-year renewal options
- Located within Mount Comfort Logistics Park (25.4M SF)
- Excellent local and regional access via I-70
Listing Contacts
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Zoning
IBP MixedMixed UseIndustrial Business Park
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