Patrick Industries Campus Industrial FOR SALE


Goshen, IN
$8,317,400 USD
773-727-4285
, Goshen, IN for Sale
$8,317,400 USD
Industrial - FOR SALE
1/6
null | 6% Cap Rate

Patrick Industries Campus
Goshen, IN


HIGHLIGHTS

  • Mission-Critical Industrial Campus Leased to a Publicly Traded Tenant
  • Highly Attractive Basis with Clear Mark-to-Market Yield Expansion
  • Stable In-Place Cash Flow from a Functional Five-Building Industrial Campus
  • Strategic Location in a Deep, Low-Vacancy Industrial Market Near Patrick Industries' Headquarters
  • Maximum Flexibility to Renew a Deeply Embedded Tenant or Reposition at Market

OVERVIEW

Northmarq is pleased to offer for sale to qualified investors the opportunity to purchase a five-building, fee-simple light manufacturing and warehouse campus located at 3352, 3249, and 3125 Maple City Drive, 2761 Firethorn Drive, and 2758 Elder Drive in Goshen, Indiana, leased to Patrick Industries, Inc. The Property consists of approximately 153,848 square feet situated on 16.88 acres across multiple land parcels in the heart of Elkhart County’s nationally recognized manufacturing corridor. The campus has been occupied by Patrick Industries since 2014 and has remained integrated within the company’s northern Indiana operating platform for more than a decade. Patrick has exercised both renewal options under the lease, most recently in June 2024, and retained all five buildings with no reduction in footprint, reinforcing the Property’s continued importance within the company’s regional operations.

ASK ABOUT THIS PROPERTY

Bryn FellerNorthmarqMore Info
773-727-4285

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

Bryn FellerNorthmarqMore Info
773-727-4285

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