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1514 Progress Dr Albion, IN 46701

59,200 SF Warehouse, Immediate Occupancy

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional 59,200-square-foot industrial warehouse in Albion, Indiana, presents a compelling investment opportunity. Located at 1514 Progress Dr., this single-story, 1994-built facility sits on a 5.89-acre lot (APN: 57-12-20-400-005.000-022) and is zoned IH/Industrial Light. The building features a pre-engineered steel construction, a standing seam metal roof, and 6-inch reinforced concrete floors. High ceilings range from 13 to 20 feet, supported by 13 ground-mounted HVAC units ensuring climate control throughout the space. The property boasts ample parking with 84 spaces and energy-efficient LED lighting. Loading is facilitated by four truck docks and one drive-in door. Electrical service is robust at 1,200 amps. The property is available immediately for sale or lease. The lease rate is $3.95 per square foot per year (NNN). The sale price is available upon request. This well-maintained property offers significant potential for various business ventures, benefiting from its strategic location near SR 8 and I-69. The property is suitable for a single tenant.

Highlights

  • 59,200 SF warehouse on 5.89 acres in Albion, IN.
  • NNN lease at $3.95/SF/year.
  • 1994 construction with 20' ceiling height (13' in some areas).
  • Four loading docks and one drive-in door.
  • 1,200 amp electric service and fully air-conditioned.
  • Immediately available; Sale price upon request.

Property Details for 1514 Progress Dr

Property type
Warehouses, Industrial properties
Square Feet
59,200 SF
Year Built
1994
Buildings
1
Stories
1
Lot Size (sq. ft)
256,568 SF

Location Insight

City
Albion
County
Noble
State
Indiana
Latitude
41.3926095
Longitude
-85.4019226

FAQs

What type of property is this?
Warehouse - 59,200 SF Warehouse, Immediate Occupancy
Where is the warehouse located?
The property is located at 1514 Progress Dr Albion, IN.
What are key features of this property?
This property features: 59,200 SF warehouse on 5.89 acres in Albion, IN.; NNN lease at $3.95/SF/year.; 1994 construction with 20' ceiling height (13' in some areas).
How can I contact the broker?
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1514 Progress Dr
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