$4,000,000 2552 Industrial Drive Highland, IN

MLS: 443107   Type: Commercial   County: Lake   City: Highland   Neighborhood: Highland Industrial Park   Zip: 46322   Style: Industrial  

Mortgage $18,779 /mo



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This Investment Property is a solid Single-story, masonry and steel panel constructed office/warehouse facility with 66,939 square feet. Great investment at 9.6% Cap Rate Absolute NNN w Regional tenant! Excellent location with easy access to major traffic arteries. I-90/94; Indianapolis Blvd. Ideal uses may be warehouse/cold storage/distribution/ and yard lay-down. Great income/investment property with nnn modified lease. Depressed loading docks on southwest entrance with two truck wells & levelers. Also, two grade level overhead doors on south elevation. Building is 100% protected with wet sprinkler system. Floor plan offers open floor with minimal demising walls. Gated yard. Two grade level exterior doors on north elevation. Ceiling heights 20'-24'ft.

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Price History

12/16/2018 Listed $4,000,000

Property SubType Industrial
Property Type Commercial
Subdivision Name Highland Industrial Park
Transaction Type Sale
Year Built 1975
Zoning Description INDUS

Interior Features

Living Area 66939.00

Exterior Features

Lot Size Square Feet 257875.00
Parking Spaces 48

Property Schools

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Property vs Zip Code Avg (46322)

Price 4.00M Avg 510K

Sqr Feet 66,939 Avg 19,708

Cost / Sqr Ft $60 Avg $26

Acres 5.92 Avg 1.18

Visits 14 Avg 27

Days on Site 272 Avg 131

Walkscore® 50 Avg 54

Data Provided by Walkscore ® not using MLS data

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Listing Provided Courtesy Of: Juan Villarreal with Villar-Real Estate Advisors, L

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Location & Address

Realty Executives Premier
310 E Lincolnway
Valparaiso, IN

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