5826 Industrial Road

Industrial for Sale
Catylist Listing ID: 30679282
Property Subtypes: Flex Space, Free-Standing, Light Industrial, Office Showroom, Research & Development, Warehouse/Distribution, Other
Building Size (RSF): 16,548 SF
Gross Land Area: 2.11 Acres
Sale Price: $625,000
Unit Price: $37.77 PSF
Ceiling: 14 ft.
Docks/Doors: 1 Dock
Office SF: 2,235 SF
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/25/2021

Overview / Comments

The 16,548 square foot industrial building is currently available for sale. The single tenant is Hughes Appliances, occupying the space until 9/21/2022 with a 5-year renewal option and a 2% annual increase.

Well-maintained building and property on extremely visible corner of Industrial Blvd. and W. Washington Center Road with 19,600 VPD traffic counts. Property is visible from I-69. Property has large parking area, room for semi turn-around, and has a large 1,848 SF metal storage shed. Property has one dock door with leveler and seal. O/H doors could be added.

Check out the high traffic count:
- https://youtu.be/A3qU_tfJw8E
- https://youtu.be/j0dxw4cgBiA

Additional Details

Nearest MSA: Fort Wayne
County: Allen
Taxing Authority: Allen County
Tax ID/APN: 02-07-23-129-001.000-073
Zoning: I-2
Highway Access: Easy access to I-69
Airports: FW International
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Excellent
Year Built: 1960
Year Renovated: 1975
Roof Type: Flat
Parking Type: Surface
Total Parking Spaces: 15
Overhead Cranes: Undisclosed
Sprinklers: None
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,026 73,772 166,475
Median Age: 33.68 35.16 35.15
Households: 3,169 31,193 67,526

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