Sodrel Truck Lines Portfolio
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Sodrel Truck Lines Portfolio
5 Properties Offered at $20,283,951 in Multiple Locations
Investment Highlights
- OPPORTUNISTIC INVESTMENT(S) IN KEY TRANSPORTATION HUBS
- The Jeffersonville “campus” is located immediately adjacent I-65 just north of the Indiana/Kentucky border at the Ohio River
- The three (3) Indianapolis sites are located immediately south of I-70 just outside the urban core of Downtown Indianapoli
- The Hazelwood site is located immediately south of the I-270 / U.S. Route 67 interchange
Executive Summary
OPPORTUNISTIC INVESTMENT(S) IN KEY TRANSPORTATION HUBS
* The portfolio is comprised of high-quality truck terminal, truck maintenance, truck wash, truck fueling, truck parking / storage, and warehouse buildings across three (3) key Midwest transportation / logistics markets. The properties are currently owned and occupied by Sodrel Truck Lines, a fourth-generation transportation company which services the Midwest United States.
* At Close of Escrow, Sodrel Truck Lines will execute a one (1) year NNN leaseback with two (2) five (5) year options to renew on each site. The first option to renew will be at 103.5% of year 1 base rent. The second option will be at Fair Market Value. The option periods will feature 3.50% annual increases.
INDIANAPOLIS, IN HIGHLIGHTS
* The three (3) Indianapolis sites are located immediately south of I-70 just outside the urban core of Downtown Indianapolis. The properties’ strategic location provides unmatched access to Indianapolis’ interstate system. With immediate access to I-70, I-465, and I-65, the sites enjoy seamless access to key Midwest markets and beyond.
* Commonly known as the “Crossroads of America,” Indianapolis is ranked #1 in the United States for pass-through interstates and is a one (1) day truck drive to 80% of the United States population, making it a critical link in the supply chains of many of today’s most sophisticated companies.
JEFFERSONVILLE, IN HIGHLIGHTS
* The Jeffersonville “campus” is located immediately adjacent I-65 just north of the Indiana/Kentucky border at the Ohio River (10 minutes from Downtown Louisville, KY). The property's location provides easy trucking access to I-65, I-265, I-71, and I-64 which conveniently connects the site to several major U.S. cities within a 500-mile radius of the site.
HAZELWOOD, MO HIGHLIGHTS
* The Hazelwood site is located immediately south of the I-270 / U.S. Route 67 interchange approximately 1.5 miles from the St.. Louis Lambert International Airport. Nearby interstates/highways include I-270, I-170, I-70, I-64, I-44, I-55 and I-255. The property's central St. Louis County location make it an ideal truck, parking / dispatch, or general contracting location.
* The portfolio is comprised of high-quality truck terminal, truck maintenance, truck wash, truck fueling, truck parking / storage, and warehouse buildings across three (3) key Midwest transportation / logistics markets. The properties are currently owned and occupied by Sodrel Truck Lines, a fourth-generation transportation company which services the Midwest United States.
* At Close of Escrow, Sodrel Truck Lines will execute a one (1) year NNN leaseback with two (2) five (5) year options to renew on each site. The first option to renew will be at 103.5% of year 1 base rent. The second option will be at Fair Market Value. The option periods will feature 3.50% annual increases.
INDIANAPOLIS, IN HIGHLIGHTS
* The three (3) Indianapolis sites are located immediately south of I-70 just outside the urban core of Downtown Indianapolis. The properties’ strategic location provides unmatched access to Indianapolis’ interstate system. With immediate access to I-70, I-465, and I-65, the sites enjoy seamless access to key Midwest markets and beyond.
* Commonly known as the “Crossroads of America,” Indianapolis is ranked #1 in the United States for pass-through interstates and is a one (1) day truck drive to 80% of the United States population, making it a critical link in the supply chains of many of today’s most sophisticated companies.
JEFFERSONVILLE, IN HIGHLIGHTS
* The Jeffersonville “campus” is located immediately adjacent I-65 just north of the Indiana/Kentucky border at the Ohio River (10 minutes from Downtown Louisville, KY). The property's location provides easy trucking access to I-65, I-265, I-71, and I-64 which conveniently connects the site to several major U.S. cities within a 500-mile radius of the site.
HAZELWOOD, MO HIGHLIGHTS
* The Hazelwood site is located immediately south of the I-270 / U.S. Route 67 interchange approximately 1.5 miles from the St.. Louis Lambert International Airport. Nearby interstates/highways include I-270, I-170, I-70, I-64, I-44, I-55 and I-255. The property's central St. Louis County location make it an ideal truck, parking / dispatch, or general contracting location.
Property Facts
| Price | $20,283,951 | Status | Active |
| Price / SF | $424.97 / SF | Number of Properties | 5 |
| Sale Conditions | Sale Leaseback | Individually For Sale | 0 |
| Cap Rate | 8.36% | Total Building Size | 47,730 SF |
| Sale Type | Investment NNN | Total Land Area | 21.42 AC |
| Price | $20,283,951 |
| Price / SF | $424.97 / SF |
| Sale Conditions | Sale Leaseback |
| Cap Rate | 8.36% |
| Sale Type | Investment NNN |
| Status | Active |
| Number of Properties | 5 |
| Individually For Sale | 0 |
| Total Building Size | 47,730 SF |
| Total Land Area | 21.42 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Sodrel Trucking
1 Sodrel Dr, Jeffersonville, IN 47129 |
Industrial | 12,000 SF | 1988 | - |
| 1310 S West St, Indianapolis, IN 46225 | Industrial | 23,000 SF | 1950 | - |
| 1254 S West St, Indianapolis, IN 46225 | Industrial | 9,730 SF | 1977 | - |
| 131 Ford Ln, Hazelwood, MO 63042 | Industrial | 3,000 SF | 1976 | - |
| 1220 S. West st, Indianapolis, IN 46225 | Land | 6.11 AC | - | - |
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