Historical Industrial Sale Listing - BLUFFTON

Industrial For Sale

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BLUFFTON

300 West 100 South, Bluffton, IN 46714

N/A

340,000 SF | Industrial

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Industrial Property - Off Market

Price:
N/A
Building Size:
340,000 SF
Property Type:
Industrial
Property Sub-type:
Warehouse
Property Use Type:
Net Lease Investment with
5 years left on lease
Cap Rate:
9.60%
Occupancy:
76%
Tenancy:
Multiple
Lot Size:
83.18 AC
Listing ID
15543564
Last Updated
over 1 year ago

Utilities

  • Trailer Parking
  • Electricity/Power
  • Sprinklers

Description

Bluffton is a 340,000+ square foot warehouse facility located on 83.18 acres 2 miles west of Bluffton, IN. The property is in an I--1 Industrial zoned district. It is located 5 miles from I-69, 2 miles from SR-1 and 20 miles from the Fort Wayne Airport.

The building was built in 1965 and remodeled in 2004. The ceiling heights are 24'. The building is concrete with a steel frame and metal siding and cinder block. There are approximately 125 paved parking spaces with 14 loading docks and 1 loading door. Natural gas in on site and in the building. There is also an evaporative cooling system on site.

The building is currently occupied by two tenants, one with food grade storage. This tenant utilizing 161,250 sq. ft. A second tenant is on a month to month basis.

Current management has agreed to remain in place at the 4% management fee.

To review the financial statement for this property, please complete the attached confidentiality agreement and fax to: .

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Bluffton is a city in Harrison and Lancaster Townships, Wells County, Indiana, United States. The population was 9,536 at the 2000 census. The city is the county seat of Wells County.

Bluffton is located at 40°442 173 N, 85°102 203 W (40.737991, -85.172223)9 The template GR is being considered for deletion.:

According to the United States Census Bureau, the city has a total area of 6.6 square miles (17.1 km²), of which, 6.6 square miles (17.1 km²) of it is land and 0.15% is water.

Map of 300 West 100 South, Bluffton, IN 46714 (Wells County)

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Created 2/1/2008