317-432-0943
6353 Commerce Dr, Lebanon, IN for Sale
Distribution - FOR SALE
1/7
null | Request Cap Rate

6353 Commerce Dr
Lebanon, IN 46052
Lebanon/Whitestown


HIGHLIGHTS

  • 100% NNN Long-Term Leased Class A+ Three-Tenant, Rear-Load Industrial Property
  • 6.07 Years of Remaining Weighted Average Lease Term with Excellent Credit Tenants
  • Located Within the Highly Desirable Whitestown Submarket in Northwest Indianapolis

OVERVIEW

* 100% NNN Long-Term Leased Class A+ Three-Tenant, Rear-Load Industrial Property Leased to Charles Industries, LLC, Canature WaterGroup U.S.A., Inc., and Weaver Popcorn Manufacturing, Inc. * 6.07 Years of Remaining Weighted Average Lease Term with Excellent Credit Tenants, Staggard Roll and blended 3.71% Annual Rent Increases -- All Three Leases Include (2), 5-Year Renewal Options at Fair Market Value with 9 Months’ Notice. * Located Within the Highly Desirable Whitestown Submarket in Northwest Indianapolis – Indiana’s Fastest-Growing Community 11 Years Running. The Northwest submarket was far and away the best performing submarket in Indianapolis in 2024 - responsible for 3.76 million SF (67%) of the 5.61 million SF of Net Absorption in Indianapolis. * Uniquely Located Equidistant to the Executive Workforce Pools (Zionsville / Carmel) and Excellent Labor Pools (Speedway / 38th Street). * New Midpoint Interchange at Exit 132 Provides Superior and Immediate Access to I-65 from Both Exit 130 and Exit 132 (I-65 Runs North to Chicago and South to Louisville). * State-of-the-Art Features Meet the Current and Future Demands of High-Flow Logistics and Manufacturing Operations

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2022

UTILITIES

-

CLEAR CEILING HT

32 Ft

DOCKS

53

DRIVE INS

3

PARKING SPACES

166

LAND DETAILS

LAND ACRES

12.6

LAND SF

548,987

ZONING

ZO01

APN/PARCEL ID

06-03-01-000-045.005-020

ASK ABOUT THIS PROPERTY

Kevin FoleyCBREMore Info
317-432-0943

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

Kevin FoleyCBREMore Info
317-432-0943

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