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Versteel 2332 Cathy Ln 151,855 SF Industrial Building Jasper, IN 47546 $11,650,000 ($76.72/SF) 8.15% Cap Rate
Executive Summary
Kwekel Companies is pleased to offer the sale leaseback of the Versteel’s 151,855 square foot industrial building located on a 9.68 acre site. Ditto Sales will execute a new 15 year absolute NNN lease at closing.
Property Facts
| Price | $11,650,000 | Rentable Building Area | 151,855 SF |
| Price Per SF | $76.72 | No. Stories | 1 |
| Sale Type | Investment NNN | Year Built/Renovated | 1990/2005 |
| Cap Rate | 8.15% | Tenancy | Single |
| Sale Condition | Sale Leaseback | Clear Ceiling Height | 22’ |
| Property Type | Industrial | No. Dock-High Doors/Loading | 10 |
| Building Class | B | No. Drive In / Grade-Level Doors | 3 |
| Lot Size | 9.68 AC | ||
| Zoning | L1 - Light Industrial | ||
| Price | $11,650,000 |
| Price Per SF | $76.72 |
| Sale Type | Investment NNN |
| Cap Rate | 8.15% |
| Sale Condition | Sale Leaseback |
| Property Type | Industrial |
| Building Class | B |
| Lot Size | 9.68 AC |
| Rentable Building Area | 151,855 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1990/2005 |
| Tenancy | Single |
| Clear Ceiling Height | 22’ |
| No. Dock-High Doors/Loading | 10 |
| No. Drive In / Grade-Level Doors | 3 |
| Zoning | L1 - Light Industrial |
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Somewhat walkable
20/100
Exceptionally drivable
90/100
Fairly bikeable
40/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $4,178,200 | |
| Land Assessment | $349,600 | Total Assessment | $4,527,800 |
Property Taxes
Parcel Numbers
Land Assessment
$349,600
Improvements Assessment
$4,178,200
Total Assessment
$4,527,800
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Versteel | 2332 Cathy Ln
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