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4210 W 67th St 300,000 SF 4-Star Industrial Building Anderson, IN 46011 $35,160,000 ($117.20/SF) 6% Cap Rate

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INVESTMENT HIGHLIGHTS

  • STRONG CREDIT TENANT - PIONEER HI-BRED INTERNATIONAL - A CORTEVA AGRISCIENCE COMPANY
  • TRATEGIC WAREHOUSE LOCATION – DIRECT INTERSTATE ACCESS
  • BUILD-TO-SUIT - MISSION-CRITICAL DISTRIBUTION CENTER – CONCRETE TILT CONSTRUCTION
  • LONG TERM PASSIVE LEASE STRUCTURE WITH MINIMAL LANDLORD OBLIGATIONS

EXECUTIVE SUMMARY

Newmark has been exclusively engaged to offer for sale the Pioneer Hi-Bred, a Corteva Agriscience Company located at 4210 West 67th Street, Anderson, Indiana. The Property is 100% net-leased to Pioneer Hi-Bred, a Corteva Agriscience Company, on a long-term twelve-and-a half- year lease. The Offering is comprised of a Class A +/-300,000 SF institutional-quality climate-controlled distribution warehouse situated on 30 acres.
The subject property serves as Corteva’s largest Regional Distribution Center in North America and is located just 34 miles from Corteva’s Global Headquarters in Indianapolis, IN, offering advantageous proximity or operational coordination and management efficiencies. Corteva typically utilizes pre-engineered metal structures for its distribution facilities. However, their decision to invest in this premium precast building highlights its significance within their network.

PROPERTY FACTS Under Contract

Price $35,160,000
Price Per SF $117.20
Sale Type Investment
Cap Rate 6%
Property Type Industrial
Property Subtype
Distribution
  • Industrial Refrigeration ColdStorage
Building Class A
Lot Size 57.23 AC
Rentable Building Area 300,000 SF
No. Stories 1
Year Built 2024
Tenancy Single
No. Dock-High Doors/Loading 25
No. Drive In / Grade-Level Doors 2

AMENITIES

  • Air Conditioning

UTILITIES

  • Lighting
  • Water

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Corteva Agriscience
  • Agriculture, Forestry, Fishing and Hunting
  • -
  • -
  • Dec 2036
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Corteva Agriscience Agriculture, Forestry, Fishing and Hunting - - Dec 2036

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
48-11-33-300-003.000-003
Land Assessment
$67,500
Improvements Assessment
$1,800
Total Assessment
$69,300
  • Listing ID: 35254427

  • Date on Market: 3/25/2025

  • Last Updated:

  • Address: 4210 W 67th St, Anderson, IN 46011

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