1535 Fieldhouse Ave

1535 Fieldhouse Ave in Elkhart, Indiana, presents a versatile industrial facility with expansive warehouse space and functional office areas. It’s designed to meet the needs of logistics, manufacturing, and distribution operations, providing the flexibility to accommodate various operational layouts and business demands. The property’s strategic layout and adaptable spaces make it a turnkey solution for businesses looking to maximize operational efficiency in Indiana.

Located in the vibrant Elkhart County submarket, 1535 Fieldhouse Avenue benefits from excellent infrastructure and proximity to major transit corridors, including US-20 and Elkhart Rail Yard. The Elkhart Municipal Airport is just over six miles away. This location provides unmatched connectivity for distribution networks throughout Northern Indiana and beyond, allowing seamless access to key Midwest markets. As one of the most sought-after industrial hubs in the region, Elkhart combines economic growth with a supportive business environment, making it a highly desirable base for companies in diverse industrial sectors.

This is an Investor or Owner/User. 50% Leased. There are two publicly traded companies: Smurfit Westrock PLC (SW-NYSE) 32B Annual Sales. Executed 5 year lease beginning Jan 1, 2025. Smurfit Westrock, a global leader in sustainable paper and packaging, operates in 40 countries with over 500 packaging converting operations and 62 paper mills. Patrick Industries, Inc. (PATK-Nasdaq) 3.5B Annual Sales. Patrick Industries, Inc. is a major manufacturer and distributor of component products and building products serving the recreational vehicle, marine, manufactured housing, residential housing, and other industrial markets and operates coast-to-coast in various locations throughout the United States and in Canada and China. Current vacancy of 229,820 offers 10 docks, active rail spur, and located just off US 20 in Elkhart, IN. Excellent opportunity for investors or users needing space with additional income. Patrick Industries lease is substantially below market and expires February of 2027 with no options to renew. Smurfit Westrock signed a new extension for 5 years beginning January 1, 2025 for $3.41/SF NNN with 2.5% annual increases.

For investors or owner/users, acquiring this property presents a rare opportunity to secure a foothold in a high-demand, well-established industrial market. With the growing demand for logistics and manufacturing space, this property is positioned to deliver both immediate operational benefits and long-term investment returns. Its central location in a strong industrial community enhances its appeal as a valuable asset in Elkhart County's competitive industrial landscape.