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225 Industrial Dr

26,484 SF Industrial Building Franklin, IN 46131 $1,278,644 ($48/SF) 7.41% Cap Rate

Warehouses Indiana Franklin 225 Industrial Dr, Franklin, IN 46131

Investment Highlights

  • Fully Leased Industrial Property
  • Convenient access to I-65
  • Only minutes from SR-31

Executive Summary

Single Tenant NNN Industrial | Low Basis | Low Rent

Attachments

Moran Environmental Recovery_OM

Property Facts

Price $1,278,644 Rentable Building Area 26,484 SF
Price Per SF $48 No. Stories 1
Sale Type Investment Year Built/Renovated 1965/2022
Cap Rate 7.41% Tenancy Single
Property Type Industrial Parking Ratio 0.94/1,000 SF
Property Subtype Warehouse Clear Ceiling Height 16 FT
Building Class C No. Drive In / Grade-Level Doors 6
Lot Size 2.50 AC Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Price $1,278,644
Price Per SF $48
Sale Type Investment
Cap Rate 7.41%
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 2.50 AC
Rentable Building Area 26,484 SF
No. Stories 1
Year Built/Renovated 1965/2022
Tenancy Single
Parking Ratio 0.94/1,000 SF
Clear Ceiling Height 16 FT
No. Drive In / Grade-Level Doors 6
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
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PROPERTY TAXES

Parcel Number 41-08-03-042-053.000-009 Improvements Assessment $362,200
Land Assessment $106,600 Total Assessment $468,800

PROPERTY TAXES

Parcel Number
41-08-03-042-053.000-009
Land Assessment
$106,600
Improvements Assessment
$362,200
Total Assessment
$468,800

zoning

Zoning Code LI (Light industrial and light manufacturing)
LI (Light industrial and light manufacturing)
(513) 562-2256

  • Listing ID: 33436302

  • Date on Market: 10/7/2024

  • Last Updated:

  • Address: 225 Industrial Dr, Franklin, IN 46131

More public record information on 225 Industrial Dr, Franklin, IN 46131

The Industrial Property at 225 Industrial Dr, Franklin, IN 46131 is currently available For Sale. Contact Colliers for more information.

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225 Industrial Dr
(513) 562-2256 x

225 Industrial Dr

1/2

Sal Ramundo

(513) 562-2256

(513) 562-2256

Kyle Slattery

(513) 562-2200

(513) 562-2200

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