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1407 NW Laurel St 20,000 SF 100% Leased Industrial Building Elkhart, IA 50073 $3,250,000 ($162.50/SF) 7% Cap Rate

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EXECUTIVE SUMMARY

20,000 SF-100% LEASED
2.68 Acre Parcel w/Outdoor Storage
32’ x 80’ Bays Equipped with Six 16’ x 16’ Drive-In Doors, a Dock Door on the South End
Office Built out to Suit Tenant
24’ Clear Ceiling Height
1.06 Acres of Outdoor Storage-Leased
New Construction in 2025
THREE-YEAR TAX ABATEMENT
20,000 SF FOR SALE: $3,250,000
7% CAP RATE

PROPERTY FACTS

Price $3,250,000
Price Per SF $162.50
Sale Type Investment
Cap Rate 7%
Property Type Industrial
Property Subtype Warehouse
Building Class B
Lot Size 2.68 AC
Rentable Building Area 20,000 SF
No. Stories 1
Year Built 2025
Clear Ceiling Height 24’
No. Drive In / Grade-Level Doors 6
Cross Streets NE 38th St
Zoning L1 - Light Industrial
  • Listing ID: 38643944

  • Date on Market: 12/3/2025

  • Last Updated:

  • Address: 1407 NW Laurel St, Elkhart, IA 50073

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