502 Oakland Ave, Nappanee, IN

Industrial for Lease
Catylist Listing ID: 28525620
Property Subtypes: Manufacturing, Warehouse/Distribution
Contiguous Space: 106,705 - 164,405 SF
Total Available: 271,110 SF
Building Size (RSF): 164,405 SF
Gross Land Area: 19 Acres
Lease Rate: $2.80 PSF (Annual)
Base Monthly Rent: $24,897 - 38,361
Lease Types: NNN
Ceiling: 27 ft.
Docks/Doors: 14 Docks, 14 Doors (Varies by space)
Office SF: 9,455 SF
Last Updated: 7/9/2018

Overview / Comments

4 building Industrial manufacturing/warehouse campus with a total of 164,405 SF (including 9,455 SF of office space) on approximately 19 acres of land. The main building is 106,705 SF and was designed for construction of manufactured homes. The property offers a host of amenities such as 22' - 27' clear ceiling heights, 14 grade level overhead doors, 14 dock high loading doors and multiple 1 and 2 ton cranes (hoists not included). The building features 800 Amps of 480V, 3 Phase power and is heated by a combination of gas fired air rotation and radiant tube heat. The building is wet sprinkled, fenced, serviced by municipal utilities and high speed internet access is available. Property is bordered by a rail line (CSX). The building has 40' x 80' bay spacing,T-5 lighting, and is zoned M-1 Manufacturing. The floors are 6" reinforced concrete. The property is being offered for sale for $3,275,000 or lease for $2.80 per SF per year NNN. The main building 106,705 can be leased by itself or with the surrounding buildings for a total of 164,405 SF.

Attachments & Media

Expand All 2 Spaces Available

Suite: All Buildings 164,405 SF $2.80 PSF (Annual) NNN
Suite: Main Building 106,705 SF $2.80 PSF (Annual) NNN

Additional Details

Nearest MSA: Elkhart-Goshen
County: Elkhart
Tax ID/APN: 20-14-31-476-008.000-029, 20-14-31-476-002.000-029; 20-14-31-476-004.000-029; 20-14-31-476-003.000-029
Zoning: M-MANUFACTURING
Area Description: The property is located just south of US-6 (Market Street) and CR 7 (S. Oakland Avenue) in Nappanee and just minutes from SR 15 and SR 19.
Total Number of Buildings: 4
Number of Stories: 1
Year Built: 1983
Total Parking Spaces: 120
Column Spacing: 40' x 80'
Overhead Cranes: Undisclosed
Sprinklers: Wet
Amps: 800
Volts: 480
X-Phase: 3-Phase
Heat Source: Radiant
Zoning Description: M Mfg
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,606 10,564 12,524
Median Age: 39.81 33 32.29
Households: 1,044 3,687 4,243

Contact

Photograph of Listing Agent

Ryan Gableman CCIM, SIOR

NAI Cressy CPIX Member
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