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4820 Dale Dr 176,320 SF Industrial Building Lafayette, IN 47905 $21,751,226 CAD ($123.36 CAD/SF) 6% Cap Rate

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INVESTMENT HIGHLIGHTS

  • STABLE IN-PLACE INCOME WITH NEAR TERM “MARK TO MARKET” UPSIDE OPPORTUNITY
  • SOLID INDUSTRIAL REAL ESTATE FUNDAMENTALS | HIGH CONNECTIVITY LOCATION | FAST GROWTH MARKET
  • HIGH QUALITY CONSTRUCTION | STATE OF THE ART HIGH FLOW LOGISTICS

EXECUTIVE SUMMARY

STABLE IN-PLACE INCOME WITH NEAR TERM “MARK TO MARKET” UPSIDE OPPORTUNITY
— The property is 100% occupied by Venture Logistics. Founded in 1992 and headquartered in Indiana, the privately held company is one of the Nation’s largest full-service logistics providers with an asset-based transportation fleet of over 5,000 tractors and trailers which operate throughout the United Sates, Canada, and Mexico.

— Venture has occupied the premises since April 2018. The original lease term was approximately five (5) years in length. In 2023, Venture extended the lease via 2nd Amendment for an additional ± five (5) years demonstrating their commitment to the facility.

— The NNN lease requires minimal Landlord responsibility, creating a highly passive Ownership structure / income stream. In addition, the Lease features attractive 3.50% annual increases providing excellent NOI growth / a hedge against inflation.

— 3.00 Year WALT remaining (as of 12/1/25 analysis start date). The Tenant has two (2) five (5) year options to renew at Fair Market Rental Rate. The current in-place rent is ± 14% below market creating a near term “mark to market” upside opportunity.

HIGH QUALITY CONSTRUCTION | STATE OF THE ART HIGH FLOW LOGISTICS
— 2008 Concrete Tilt-Up Construction | ±176,320 SF building with ability to expand by 74,480 SF.

— 24' Clear Height | 40' x 40' Column Spacing | 130' Truck Court Depth | 207 Car Parking.

— Seventeen (17) Dock Doors & Two (2) Drive-In Doors + Potential for Twelve (12) More Dock Doors via Expansion.

SOLID INDUSTRIAL REAL ESTATE FUNDAMENTALS | HIGH CONNECTIVITY LOCATION | FAST GROWTH MARKET
— The property is located directly off US Route 52 (US-52) which runs northwest-southeast through the State of Indiana. The subject property’s location on US-52 provides convenient access to an extensive Interstate and State Route network including (I-65, I-74, US-231, US-321, US-26, SR-38, SR-25, +more) allowing Venture to access an expansive customer base.

— 57% of the U.S. Population is a one-day truck drive from Lafayette, IN.

— Greater Lafayette has established itself as a home to major U.S. and International companies in the Biotech, Advanced Manufacturing, Aerospace, and Automotive sectors. Sample notable companies located within Greater Lafayette are: Caterpillar, Wabash, GE Aviation, Rolls Royce, SAAB, and Subaru.

PROPERTY FACTS

Price $21,751,226 CAD
Price Per SF $123.36 CAD
Sale Type Investment
Cap Rate 6%
Property Type Industrial
Property Subtype Warehouse
Building Class B
Lot Size 15.66 AC
Rentable Building Area 176,320 SF
No. Stories 1
Year Built 2008
Tenancy Single
Parking Ratio 1.17/1,000 SF
Clear Ceiling Height 24’
No. Dock-High Doors/Loading 12
No. Drive In / Grade-Level Doors 1

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Transportation and Warehousing
  • -
  • -
  • Jan 0000

For over 25 years, Venture has served as a full-service logistics partner for customers in North America and across the globe, offering a vast array of specialized services to get the job done safely, successfully, and on time—24/7, 365. Business can be unpredictable and filled with risk. But Venture believes that the journey is less daunting with an expert by your side. At Venture, they partner with their customers to deeply understand their business and drive success through complete logistics solutions. From trucking to supply chain optimization, Venture has the assets and the know-how to help you get ahead. Nothing ventured, nothing gained.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Transportation and Warehousing - - Jan 0000

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
79-11-12-476-004.000-031
Land Assessment
$0 CAD
Improvements Assessment
$10,089,693 CAD
Total Assessment
$10,089,693 CAD
  • Listing ID: 37892522

  • Date on Market: 2025-10-01

  • Last Updated:

  • Address: 4820 Dale Dr, Lafayette, IN 47905

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