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$2,060,000
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| | Building S.F. | 28,800 | |
| | Land Acres | 4.70 | |
| | No. of Dock High Doors | 5 | |
| | Cross Street | State Road 57 | |
| | Tax Parcel Number | 07-092-09-227-017 | |
| | Market | Evansville | |
| | Sub Market | Northeast Evansville | |
| | No. of Buildings | 1 | |
| | No. of Stories | 1 | |
| | Percent Air Conditioned | 100.00 % | |
| | Year Built | 2005 | |
| | Rentable S.F. | 28,800 | |
| | Percent Office Space | 5.00 % | |
| | Location Class | A | |
| | Building Class | B | |
| | HVAC | Central | |
| | Zoning Type | M-2 | |
| | Roof Type | Metal | |
| | Mixed Use | No | |
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5400 Foundation Drive Evansville, IN 47725
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Property Description
This net leased facility is a pre-engineered steel frame and steel column building containing 28,800 square feet. The building measures approximately 120'X240' and has 50'X100' bays with 24' eave height.
Seller is requiring that they retain the rights to construction any expansion as outlined in the lease.
This property appraised for $2,125,000 in March of 2006. The tenant has an option to buy for $2,300,000.
Lease has 2% rent bumps per year.
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Location Description
This facility is located within the Vanderburgh Industrial Park (VIP) on the far northeast side of Evansville; approximately 5 miles northeast of Evansville Regional Airport.
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