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Guardian Couplings 300 Indiana 212

45,000 SF Industrial Building Michigan City, IN 46360 £2,699,453 (£60/SF) 7.79% Net Initial Yield

Executive Summary

Kwekel Companies is pleased to offer the investment sale this 45,000 square foot industrial building fully occupied by Guardian Couplings. The existing NNN lease commenced on July 1, 2014 and is set to expire on June 30, 2029.

Attachments

Guardian Couplings - OM

Property Facts Under Contract

Price £2,699,453 Rentable Building Area 45,000 SF
Price Per SF £60 Number of Floors 1
Sale Type Investment NNN Year Built 2001
Net Initial Yield 7.79% Tenancy Single
Property Type Industrial Clear Ceiling Height 19 ft 9 in
Property Subtype Manufacturing No. Dock-High Doors/Loading 2
Building Class B Level Access Doors 2
Lot Size 9.14 AC
Price £2,699,453
Price Per SF £60
Sale Type Investment NNN
Net Initial Yield 7.79%
Property Type Industrial
Property Subtype Manufacturing
Building Class B
Lot Size 9.14 AC
Rentable Building Area 45,000 SF
Number of Floors 1
Year Built 2001
Tenancy Single
Clear Ceiling Height 19 ft 9 in
No. Dock-High Doors/Loading 2
Level Access Doors 2

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PROPERTY TAXES

Parcel Number 46-01-24-251-005.000-022 Improvements Assessment £385,670
Land Assessment £109,699 Total Assessment £495,369

PROPERTY TAXES

Parcel Number
46-01-24-251-005.000-022
Land Assessment
£109,699
Improvements Assessment
£385,670
Total Assessment
£495,369

zoning

Zoning Code M2 (Heavy Manufacturing District)
M2 (Heavy Manufacturing District)
(616) 293-6924

Contact

  • Listing ID: 32716108

  • Date on Market: 07/08/2024

  • Last Updated:

  • Address: 300 Indiana 212, Michigan City, IN 46360

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300 Indiana 212, Michigan City, IN for sale Primary Photo- Image 1 of 2
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© 2024 CoStar Group

Guardian Couplings | 300 Indiana 212
(616) 293-6924 x

Guardian Couplings | 300 Indiana 212

Tim Kwekel

(616) 293-6924

(616) 293-6924

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