Renewal by Andersen 3633 Miller Dr 25,420 SF Industrial Building Plymouth, IN 46563 $5,987,767 CAD ($235.55 CAD/SF) 6.75% Cap Rate

The Boulder Group is pleased to exclusively market for sale a single tenant net leased Renewal by Andersen property located in Plymouth, Indiana. The tenant, operating as the licensee for Renewal by Andersen, serves Northern/Central Indiana, Cincinnati, and Nashville/Chattanooga, and is part of a larger ownership group that also licenses the Connecticut, Atlanta, and San Francisco markets. The tenant has strong backing with $200+ million in revenue. Contact broker for additional details.
Constructed speci?cally for the tenant in 2023, the property was designed to function as a distribution hub for their Northern Indiana installers, replacing their previous South Bend location to better serve all markets due to its central positioning. The building serves as a daily loading point for installation crews in Northern Indiana and is restocked from a distribution facility in the Indianapolis market. The property features a long-term lease through January 2033, re?ecting the tenant’s commitment to the site, with 1.5% annual rental escalations throughout the primary term. The building is situated on a large 6+ acre parcel.
The 25,420 square-foot is strategically located off US Highway 30, approximately midway between Chicago and Fort Wayne, bene?ting from high visibility and accessibility. The property is surrounded by a mix of industrial tenants including Hershey, Hoosier Tires, Pioneer, Indiana Wheel Company, Pregis, Valmont Industries, and several others. The nearby retail presence, including Walmart, Lowe’s, ALDI, Tractor Supply Company, Ross, Marshalls, bealls, Bath & Body Works, and Kroger, ensures consistent traffic ?ow to the area. Additionally, there are over 37,000 people living within a ten-mile radius. Those of which earn an average household income of $91,000.
Renewal by Andersen, the full-service window and door replacement division of Andersen Corporation, was founded in 1995 to deliver a superior, customer-focused experience for homeowners across the United States. Headquartered in Cottage Grove, Minnesota, with nearly 100 retail locations nationwide, the company builds on Andersen’s 120-year legacy of quality, innovation, and craftsmanship. Specializing in custom-made, energy-efficient windows and patio doors crafted from the proprietary Fibrex® composite material, Renewal by Andersen combines the durability of wood with the low-maintenance benefits of vinyl, offering products that are twice as strong as traditional vinyl and designed to withstand extreme weather conditions. With over 10 million windows installed, Renewal by Andersen has grown into one of the largest replacement window companies in the U.S.