For Sale
$20,283,951

1310 West St Indianapolis, IN 46225

8 Warehouse Buildings, Key Transportation Hubs

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional investment opportunity presents a portfolio of eight warehouse buildings totaling 109,214 square feet situated across three prime Midwest transportation hubs: Indianapolis, Indiana (three buildings on 40.39 acres total)

Highlights

  • Portfolio of eight warehouse buildings totaling 109,214 square feet across three Midwest transportation hubs.
  • High-quality truck terminal, maintenance, wash, fueling, parking/storage, and warehouse buildings. Currently occupied by Sodrel Truck Lines, a fourth-generation transportation company.
  • At closing, Sodrel Truck Lines will execute a one-year NNN leaseback with two five-year renewal options; the first at 103.5% of year one rent, the second at fair market value, with 3.5% annual increases.

Property Details for 1310 West St

Property type
Warehouses, Industrial properties
Square Feet
109,214 SF
Buildings
8
Lot Size (sq. ft)
1,759,388 SF

Location Insight

City
Indianapolis
County
Marion
State
Indiana
Latitude
39.7491192
Longitude
-86.1686466

FAQs

What type of property is this?
Warehouse - 8 Warehouse Buildings, Key Transportation Hubs
Where is the warehouse located?
The property is located at 1310 West St Indianapolis, IN.
What is the asking price?
The asking price for this property is $20,283,951.
What are key features of this property?
This property features: Portfolio of eight warehouse buildings totaling 109,214 square feet across three Midwest transportation hubs.; High-quality truck terminal, maintenance, wash, fueling, parking/storage, and warehouse buildings. Currently occupied by Sodrel Truck Lines, a fourth-generation transportation company.; At closing, Sodrel Truck Lines will execute a one-year NNN leaseback with two five-year renewal options; the first at 103.5% of year one rent, the second at fair market value, with 3.5% annual increases.
How can I contact the broker?
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1310 West St
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