3633 Miller Dr - Industrial FOR SALE


Plymouth, IN 46563
$4,324,859 USD
847-562-8500
3633 Miller Dr, Plymouth, IN for Sale
$4,324,859 USD
Industrial - FOR SALE
1/3
null | 6.75% Cap Rate

3633 Miller Dr
Plymouth, IN 46563


HIGHLIGHTS

  • Established licensee that operates Renewal by Andersen across the United States
  • Located halfway between Chicago and Fort Wayne
  • 2023 build-to-suit construction
  • Replaced a former location and serves as a distribution hub for the Northern Indiana installers
  • Large 6+ acre parcel
  • Located just off US Highway 30

OVERVIEW

The Boulder Group is pleased to exclusively market for sale a single tenant net leased Renewal by Andersen property located in Plymouth, Indiana. The tenant, operating as the licensee for Renewal by Andersen, serves Northern/Central Indiana, Cincinnati, and Nashville/Chattanooga, and is part of a larger ownership group that also licenses the Connecticut, Atlanta, and San Francisco markets. Constructed speci?cally for the tenant in 2023, the property was designed to function as a distribution hub for their Northern Indiana installers, replacing their previous South Bend location to better serve all markets due to its central positioning. The building serves as a daily loading point for installation crews in Northern Indiana and is restocked from a distribution facility in the Indianapolis market. The property features a long-term lease through January 2033, re?ecting the tenant’s commitment to the site, with 1.5% annual rental escalations throughout the primary term. The building is situated on a large 6+ acre parcel. The 25,420 square-foot is strategically located off US Highway 30, approximately midway between Chicago and Fort Wayne, bene?ting from high visibility and accessibility. The property is surrounded by a mix of industrial tenants including Hershey, Hoosier Tires, Pioneer, Indiana Wheel Company, Pregis, Valmont Industries, and several others. The nearby retail presence, including Walmart, Lowe’s, ALDI, Tractor Supply Company, Ross, Marshalls, bealls, Bath & Body Works, and Kroger, ensures consistent traffic ?ow to the area. Additionally, there are over 37,000 people living within a ten-mile radius. Those of which earn an average household income of $91,000. Renewal by Andersen, the full-service window and door replacement division of Andersen Corporation, was founded in 1995 to deliver a superior, customer-focused experience for homeowners across the United States. Headquartered in Cottage Grove, Minnesota, with nearly 100 retail locations nationwide, the company builds on Andersen’s 120-year legacy of quality, innovation, and craftsmanship. Specializing in custom-made, energy-efficient windows and patio doors crafted from the proprietary Fibrex® composite material, Renewal by Andersen combines the durability of wood with the low-maintenance benefits of vinyl, offering products that are twice as strong as traditional vinyl and designed to withstand extreme weather conditions. With over 10 million windows installed, Renewal by Andersen has grown into one of the largest replacement window companies in the U.S.

FOR SALE DETAILS

PRICE

$4,324,859 USD

PRICE/SF

$170 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Renewal by Andersen

PROPERTY TYPE

Industrial

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

6.39

LAND SF

278,348

ZONING

-

APN/PARCEL ID

50-41-36-000-001.006-020

ASK ABOUT THIS PROPERTY

Jimmy GoodmanThe Boulder GroupMore Info
847-562-8500

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Jimmy GoodmanThe Boulder GroupMore Info
847-562-8500

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.