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4447 E Park 30 Dr 53,500 SF Industrial Building Columbia City, IN 46725 $6,241,667 ($116.67/SF) 6% Cap Rate
Investment Highlights
- 53,500 SF Industrial Investment – 100% leased single-tenant net lease on 4.42 acres
- Attractive Returns – Offered at a 6% cap rate with stable cash flow
- Loading & Power – 3 dock doors with levelers, 2 overhead doors, and 3-phase 1,200 amp 480/277V power + 300 KVA transformer
- Credit Tenant – Leased to Ultra Maritime with a new 5-year lease (Dec 2025), renewal options, and rent escalations
- Building Specs – 27’ clear height, 8” concrete floors, LED lighting, and wet sprinkler system
- Recent Improvements – New warehouse AC and roof upgraded with rubber coating (2018)
Executive Summary
Situated on 4.42 acres, the facility is well-equipped to support modern industrial operations. The building features a 27-foot clear height, 8-inch concrete floors, and efficient loading capabilities with three dock doors (with levelers) and two overhead doors (10’ x 12’ and 14’ x 16’). Recent capital improvements include a brand-new air conditioning system in the warehouse and a standing seam metal roof with a rubber coating applied in 2018.
Additional features include LED lighting, a wet sprinkler system, and robust power capacity with 3-phase, 1,200 amp, 480/277 volt service, supplemented by an additional 300 KVA transformer. This well-maintained, high-functioning facility offers investors a secure, income-producing asset with strong fundamentals and long-term upside.
Property Facts
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
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- Manufacturing
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99,999 SF
- -
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Lorem Ipsum
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Jan 0000
Ultra Maritime traces a heritage of more than 80 years in sonar and undersea warfare, with roots in earlier maritime defense businesses that support allied naval missions. Following acquisition by Advent International in 2022, the company has focused on expanding advanced capabilities for anti-submarine warfare across air, surface, and undersea domains. Ultra Maritime develops and supports sonobuoys, sonobuoy receivers, towed sonar arrays, hull-mounted sonars, deployable sonar arrays, torpedo defense systems, and related electronic warfare technologies. The company serves global naval forces and works across the U.S., UK, Canada, Australia, and allied fleets.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
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Manufacturing | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
Property Taxes
| Parcel Number | 92-05-16-216-019.000-012 | Improvements Assessment | $1,782,000 |
| Land Assessment | $145,500 | Total Assessment | $1,927,500 |
Property Taxes
Contact the Sale Advisor
4447 E Park 30 Dr