Introducing a prime industrial opportunity at 822 Middlebury St, Elkhart, IN. This impressive 28,000 SF industrial building, with 100% occupancy, is a strategic acquisition for investors.
The property is leased to CAD Import Inc. who is a leading importer & distributor of Latin American goods in the U.S. They have been in operation for 22 years and have 5 U.S. locations.
The M-1 zoned property, constructed in 1972, offers a single unit with modern amenities, including a new roof, energy efficient LED lights, remodeled office space, and upgraded dock levelers. With a lucrative 5-year sale leaseback at $5 per sqft NNN generating $140,000 in cash flow, this investment presents a strong income stream. Situated in a desirable location adjacent to Downtown Elkhart and Elkhart High School, this property is a compelling opportunity for industrial and manufacturing entities seeking a high-yield investment.