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4501-4503 Airport Drive

Valparaiso, IN 46383
  • $1,950,000
  • STATUS: Active
  • ON SITE: 608 Days
  • MLS #: 470145
UPDATED: 64 min ago
$1,950,000
  • 0
    BEDS
  • 1.62
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 19,812
    SQFT
  • $98
    $/SQFT
Neighborhood:
Airport-Business & Industrial Park
Type:
Commercial
Built:
2018
County:
Porter
Area:
Valparaiso

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Description

7.6 Percent CAP RATE. Excellent investment. BRAND NEW BUILDING already 100% OCCUPIED Flex space off U.S. Highway 30 and next to the Porter County Regional Airport. Approximately 20,000 square feet, consisting of 11 tenants with the majority leased through 2023 and 2024. All leases are NNN. Current annual revenue is $149,000. Large parking lot that can accommodate large truck deliveries. This building is clean and well constructed, A MUST SEE.

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© 2021 Multiple Listing Service of the Greater Northwest Indiana Association of REALTORS®, Inc. All rights reserved. Information Deemed Reliable but Not Guaranteed. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program of the Multiple Listing Service of the Greater Northwest Indiana Association of REALTORS®, Inc. Real estate listings held by brokerage firms other than McCormick Real Estate are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2021-10-20T13:52:41.273.
www.mccormickrealestateindiana.com/homes/103363339
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4501-4503 Airport Drive Valparaiso, IN 46383

  • Price: $1,950,000
  • Status: Active
  • Updated: 64 min ago
  • MLS #: 470145
0
Beds
0
Baths
0
½ Baths
1.62
Acres
19,812
SQFT
$98
$/SQFT
2018
Built
Neighborhood:
Airport-Business & Industrial Park
County:
Porter
Area:
Valparaiso
Property Description
7.6 Percent CAP RATE. Excellent investment. BRAND NEW BUILDING already 100% OCCUPIED Flex space off U.S. Highway 30 and next to the Porter County Regional Airport. Approximately 20,000 square feet, consisting of 11 tenants with the majority leased through 2023 and 2024. All leases are NNN. Current annual revenue is $149,000. Large parking lot that can accommodate large truck deliveries. This building is clean and well constructed, A MUST SEE.
Exterior Features

Building Construction BlockBrickConcreteSteel Siding Building Exterior Alum/Vinyl Wndw TrimBlockBrickConcreteSteel Siding Dock Features None Foundation Concrete Perimeter Frontage Access County Road Lot Dimensions 1.62A Misc Outside Ada CompliantSecurity Lighting Overhead Doors 10 Parking Paved ParkingPrivate Parking Parking Spaces 60 Rail Availability None Roof Coverings Metal Roof Structure Gable

Interior Features

Air Conditioning Ventilation Central Air Ceiling Type Exposed Under Roof Clear Ceiling Height 16' Floor Finish CarpetConcrete Floors Concrete Heat Ventilation Ceiling UnitsGas Heat Misc Inside Ada CompliantPrivate Restrooms

Property Features

Amenities Exterior Lighting Backup Information Disclosure FormsLeases/CopiesLegal DescriptionPlans/SpecsSurvey Cross Street Address Murvihill Road Current Use Flex SpaceInd./Manufact.RecreationalResearch & DevelopWarehouse Electrical Service 201 - 600 Amps Fire Protection Fire Extinguishers Information 48 Hr Notice Req Phone Internet Satellite Possession Negotiable Potential Use Flex SpaceFood Processing BldgIndustrialOfficeRecreationalResearch & DevelopStorage LockersWarehouse Property Subtype1 Retail Property Subtype2 Office Property Subtype3 Industrial Taxes 0 Tenant Pays C.A.M.OtherRe TaxRepairsScavenger Terms CashConventional Transaction Type Sale Utilities On

Listing information © 2021 Multiple Listing Service of the Greater Northwest Indiana Association of REALTORS®.
Listing courtesy of Nicholas Sommer of Century 21 Alliance Group.

© 2021 Multiple Listing Service of the Greater Northwest Indiana Association of REALTORS®, Inc. All rights reserved. Information Deemed Reliable but Not Guaranteed. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program of the Multiple Listing Service of the Greater Northwest Indiana Association of REALTORS®, Inc. Real estate listings held by brokerage firms other than McCormick Real Estate are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2021-10-20T13:52:41.273.
 
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