For Sale
$8,079,000
13065 Anderson Rd Granger, IN 46530
193,675 SF Net-Leased Warehouse
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 131
Highlights
- $8,079,000 asking price for a 193,675 SF industrial building on 23.66 acres in Granger, IN.
- 8.75% cap rate with a $706,914 NOI.
- Net lease, NNN, single-tenant occupancy (Terran Axle) at 100% with a 4.2-year lease term (commencing 10/3/2024).
- Property features 17 loading docks, 13 dock-high doors, and ceiling heights ranging from 15' to 24'.
- Recent $2.6M in upgrades including a new roof, LED lighting, loading dock improvements, parking lot work, insulation repairs, and office demolition.
- Located one mile north of I-90 with ample outdoor parking/storage and potential rail access.
Property Details for 13065 Anderson Rd
- Property type
- Warehouses, Industrial properties
- Square Feet
- 193,675 SF
- Year Built/Renovated
- 1986/2024
- Buildings
- 1
- Lot Size (sq. ft)
- 1,030,630 SF
Location Insight
- City
- Granger
- County
- St. Joseph
- State
- Indiana
- Latitude
- 41.7444043
- Longitude
- -86.1209751
13065 Anderson Rd, Granger, Indiana
Nearby Similar for Sale
FAQs
- What type of property is this?
- Warehouse - 193,675 SF Net-Leased Warehouse
- Where is the warehouse located?
- The property is located at 13065 Anderson Rd Granger, IN.
- What is the asking price?
- The asking price for this property is $8,079,000.
- What are key features of this property?
- This property features: $8,079,000 asking price for a 193,675 SF industrial building on 23.66 acres in Granger, IN.; 8.75% cap rate with a $706,914 NOI.; Net lease, NNN, single-tenant occupancy (Terran Axle) at 100% with a 4.2-year lease term (commencing 10/3/2024).
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