1080-1086 Breuckman Dr | Crown Point, IN 46307
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1080-1086 Breuckman Dr
Crown Point, IN 46307
Flex Property For Sale
Investment Highlights
- 13,000-Square-Foot Flex Industrial Space Featuring Six Drive-In Doors on 1.11 Acres
- Location Features Trailing 12-Month Absorption of 201,000 Square Feet on Comparables, 36% Year-Over-Year (CoStar)
- Rental Increases Commencing in 2023 Adds 100 Basis Points to Cap Rate
- High Barrier-to-Entry Location: 2.0% Submarket Vacancy Rate, 7.8% Rent Growth on Comparables
- 100% Occupied Since 2009 with Waiting List to Fill Available Space at End of 2023
- Located in Millennium Park Business Center with Close Proximity to I-65 and 50 Miles from Chicago
PROPERTY FACTS
PROPERTY TAXES
| Parcel Number | 45-16-04-176-005.000-042 | Improvements Assessment | $763,000 |
| Land Assessment | $184,000 | Total Assessment | $947,000 |
PROPERTY TAXES
Parcel Number
45-16-04-176-005.000-042
Land Assessment
$184,000
Improvements Assessment
$763,000
Total Assessment
$947,000
zoning
| Zoning Code | I-1 |
| I-1 |
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