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Guardian Couplings 300 Indiana 212

45,000 SF Industrial Building Michigan City, IN 46360 $3,450,000 ($77/SF) 7.79% Cap Rate

Industrial Properties Indiana Michigan City 300 Indiana 212, Michigan City, IN 46360

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 $3,450,000 Rentable Building Area 45,000 SF
Price Per SF $77 No. Stories 1
Sale Type Investment NNN Year Built 2001
Cap Rate 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 No. Drive In / Grade-Level Doors 2
Lot Size 9.14 AC
Price $3,450,000
Price Per SF $77
Sale Type Investment NNN
Cap Rate 7.79%
Property Type Industrial
Property Subtype Manufacturing
Building Class B
Lot Size 9.14 AC
Rentable Building Area 45,000 SF
No. Stories 1
Year Built 2001
Tenancy Single
Clear Ceiling Height 19 FT 9 IN
No. Dock-High Doors/Loading 2
No. Drive In / Grade-Level Doors 2

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PROPERTY TAXES

Parcel Number 46-01-24-251-005.000-022 Improvements Assessment $492,900
Land Assessment $140,200 Total Assessment $633,100

PROPERTY TAXES

Parcel Number
46-01-24-251-005.000-022
Land Assessment
$140,200
Improvements Assessment
$492,900
Total Assessment
$633,100

zoning

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

Contact

  • Listing ID: 32716108

  • Date on Market: 8/7/2024

  • Last Updated:

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

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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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