635 S Mapleton St - Manufacturing FOR SALE


Columbus, IN 47201
$4,860,145 USD
858-373-3184
635 S Mapleton St, Columbus, IN for Sale
$4,860,145 USD
Manufacturing - FOR SALE
1/8
null | 6.75% Cap Rate

635 S Mapleton St
Columbus, IN 47201


HIGHLIGHTS

  • 18+ Year Absolute Net Lease Featuring Above Market 3.5% Annual Rental Increases throughout the Initial Term and Options.
  • Location Utilized as an Office, Warehouse, Research and Development Facility.
  • TRP Laboratories is a Leader in Transportation Sciences, Offering Comprehensive Testing Services for Powertrains, Components, and Vehicle Systems.
  • The Company provides Engine Testing, Environmental Analysis, and Engineering Support.
  • Within a Key Industrial and Manufacturing Hub that Plays a Vital Role in the City’s Economy.
  • Known for its Strong Presence in Engineering, Logistics, and Production Industries, this Location is Home to several Well-Established Companies.

OVERVIEW

TRP Laboratories | Long Term Absolute Net Lease w/ 3.50% Annual Increases | Leader in Transportation Sciences | Within a Key Industrial and Manufacturing Hub | In Close Proximity to Major Freeways and Highways | Near Cummins Columbus Engine Plant Indiana Broker of Record: Josh Caruana | 600 East 96th St., Ste. 500 Indianapolis, IN 46240 | P: (317) 218-5300 | Lic #: RB14034355 | Josh.Caruana@MarcusMillichap.com

FOR SALE DETAILS

PRICE

$4,860,145 USD

PRICE/SF

$107 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

TRP LABORATORIES | ABS. NET w/ 3.5% INCREASES

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

ADD'L SUBTYPES

Distribution, Warehouse, Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1981

UTILITIES

Water - City, Sewer - City

CLEAR CEILING HT

22 Ft

DOCKS

2

DRIVE INS

3

PARKING SPACES

133

LAND DETAILS

LAND ACRES

5.7

LAND SF

248,292

ZONING

I-2

APN/PARCEL ID

03-96-30-430-000.800-005

ASK ABOUT THIS PROPERTY

Alvin MansourThe Mansour Group of Marcus & MillichapMore Info
858-373-3184

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Alvin MansourThe Mansour Group of Marcus & MillichapMore Info
858-373-3184

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