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4447 E Park 30 Dr 53,500 SF Industrial Building Columbia City, IN 46725 $8,736,742 CAD ($163.30 CAD/SF) 6% Cap Rate



Investment Highlights
- 53,500 SF Industrial Investment – 100% leased single-tenant net lease on 4.42 acres
- Attractive Returns – Offered at a 6% cap rate with stable cash flow
- Loading & Power – 3 dock doors with levelers, 2 overhead doors, and 3-phase 1,200 amp 480/277V power + 300 KVA transformer
- Credit Tenant – Leased to Ultra Maritime with a new 5-year lease (Dec 2025), renewal options, and rent escalations
- Building Specs – 27’ clear height, 8” concrete floors, LED lighting, and wet sprinkler system
- Recent Improvements – New warehouse AC and roof upgraded with rubber coating (2018)
Executive Summary
Situated on 4.42 acres, the facility is well-equipped to support modern industrial operations. The building features a 27-foot clear height, 8-inch concrete floors, and efficient loading capabilities with three dock doors (with levelers) and two overhead doors (10’ x 12’ and 14’ x 16’). Recent capital improvements include a brand-new air conditioning system in the warehouse and a standing seam metal roof with a rubber coating applied in 2018.
Additional features include LED lighting, a wet sprinkler system, and robust power capacity with 3-phase, 1,200 amp, 480/277 volt service, supplemented by an additional 300 KVA transformer. This well-maintained, high-functioning facility offers investors a secure, income-producing asset with strong fundamentals and long-term upside.
Property Facts
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Manufacturing
-
99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
Cobham Ultra is a mission-critical systems business that brings together Cobham and Ultra, two British engineering groups with roots reaching back to 1934 and 1920, respectively. The company focuses on application-engineered bespoke solutions for defense, security, critical detection and control environments, and related aerospace and industrial markets. Cobham Ultra’s business units cover areas such as maritime sonar, radar, acoustic expendables, signature management, power systems, and safety and mission-critical aerospace solutions. The group’s current structure reflects Cobham’s acquisition of Ultra, completed in 2022, and the company now operates through a set of specialist units serving complex technical programs across its core markets.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
Manufacturing | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
Property Taxes
| Parcel Number | 92-05-16-216-019.000-012 | Improvements Assessment | $2,424,429 CAD |
| Land Assessment | $197,954 CAD | Total Assessment | $2,622,383 CAD |
Property Taxes
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4447 E Park 30 Dr
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