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Gearbox 1 Industrial Properties Offered at $44,000,000 in Crawfordsville, IN
Executive Summary
Kwekel Companies is pleased to offer the sale leaseback of Gearbox’s 740,597 square foot, five property industrial portfolio located on 72 total acres. Gearbox will execute a new 17 year absolute NNN lease at closing. Please execute an NDA to review a full offering memorandum and tenant financials.
Property Facts
| Price | $44,000,000 | Status | Active |
| Price / SF | $96.70 / SF | Number of Properties | 5 |
| Sale Condition | Sale Leaseback | Individually For Sale | 0 |
| Cap Rate | 8.50% | Total Building Size | 455,000 SF |
| Sale Type | Investment NNN | Total Land Area | 22.89 AC |
| Price | $44,000,000 |
| Price / SF | $96.70 / SF |
| Sale Condition | Sale Leaseback |
| Cap Rate | 8.50% |
| Sale Type | Investment NNN |
| Status | Active |
| Number of Properties | 5 |
| Individually For Sale | 0 |
| Total Building Size | 455,000 SF |
| Total Land Area | 22.89 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 1204 Darlington Ave, Crawfordsville, IN 47933 | Industrial | 455,000 SF | 1951 | - |
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