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2332 Cathy Ln
Jasper, IN 47546
Versteel · Industrial Property For Sale
Investment Highlights
- Offered as a sale-leaseback with a 15-year absolute NNN lease at closing, ensuring zero landlord obligations
- Well-equipped with 22-foot clear height, 10 dock-high doors, and 3 drive-in doors for versatile logistics and manufacturing applications.
- Located in a light industrial district within an established business corridor offering strong workforce availability.
- 151,855 square foot industrial facility situated on a 9.68-acre parcel in Jasper, Indiana.
- Features Class B construction, renovated in 2005, designed for long-term operational efficiency.
- Property generates stable income with an 8.15% cap rate, positioned for both immediate returns and future value growth.
Property Facts
| Property Type | Industrial | Year Built/Renovated | 1990/2005 |
| Property Subtype | Manufacturing | Tenancy | Single |
| Building Class | B | Parking Ratio | 0.53/1,000 SF |
| Lot Size | 9.68 AC | Clear Ceiling Height | 22’ |
| Rentable Building Area | 134,306 SF | No. Dock-High Doors/Loading | 10 |
| No. Stories | 1 | No. Drive In / Grade-Level Doors | 3 |
| Zoning | L1 - Light Industrial | ||
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | B |
| Lot Size | 9.68 AC |
| Rentable Building Area | 134,306 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1990/2005 |
| Tenancy | Single |
| Parking Ratio | 0.53/1,000 SF |
| Clear Ceiling Height | 22’ |
| No. Dock-High Doors/Loading | 10 |
| No. Drive In / Grade-Level Doors | 3 |
| Zoning | L1 - Light Industrial |
Amenities
- Signage
- Reception
- Storage Space
- Air Conditioning
- Breakroom
Property Taxes
| Parcel Numbers | Improvements Assessment | $4,178,200 | |
| Land Assessment | $236,300 | Total Assessment | $4,414,500 |
Property Taxes
Parcel Numbers
Land Assessment
$236,300
Improvements Assessment
$4,178,200
Total Assessment
$4,414,500
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