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Executive Summary

1234 Bringham has a 5-year NNN lease with Penske Truck Leasing Co. @$8,500 monthly NNN ($102,000 annual base rate = 6.375% cap rate); + 2: 5-year renewal options at $9,500 mo & $10,500 mo (see broker for lease); also includes 8 acres of I-2 industrial zoned land (1 acre used by Penske Trucking Co.) that MUST be purchased with this property for an additional, $600,000 making the total price for both at $2,200,000.

Property Facts

Price $2,191,536 CAD
Price Per SF $292.20 CAD
Sale Type Investment NNN
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 2.00 AC
Rentable Building Area 7,500 SF
No. Stories 1
Year Built 2008
Tenancy Single
Parking Ratio 3.33/1,000 SF
No. Drive In / Grade-Level Doors 5
Cross Streets I-65

Amenities

  • Fenced Lot

Utilities

  • Water
  • Sewer
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
10-17-08-900-415.000-031
Land Assessment
$259,612 CAD
Improvements Assessment
$267,533 CAD
Total Assessment
$527,145 CAD
  • Listing ID: 35843704

  • Date on Market: 2025-05-13

  • Last Updated:

  • Address: 1234 Bringham Dr, Sellersburg, IN 47172

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