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900 E Diamond Ave 14,700 SF Industrial Building Evansville, IN 47711 $1,508,154 CAD ($102.60 CAD/SF) 9.50% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Unpriced - contact broker for more information

EXECUTIVE SUMMARY

100% Leased, Single-Tenant NNN Asset
Lease guaranteed by Parts Town, a privately-held, international parts supply firm with annual revenues of $2.5B
Recently renewed for 3 years through April 2028
Clear Height 10' - 13'
Highly attractive commercial location with frontage on SR 66 in Evansville's airport industrial market
Limited Landlord responsibilities - Perfect Bite Sized Exchange Opportunity

PROPERTY FACTS

Price $1,508,154 CAD
Price Per SF $102.60 CAD
Sale Type Investment
Cap Rate 9.50%
Property Type Industrial
Property Subtype
Service
  • Flex Showroom
  • FlexLight Distribution
Building Class B
Lot Size 0.77 AC
Rentable Building Area 14,700 SF
No. Stories 1
Year Built 1983
Tenancy Single
Zoning N/A

MAJOR TENANTS

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

They simplify the aftermarket supply chain. Encompass is a proven market leader in parts distribution, 3PL and 4PL supply chain solutions and repair service for a diverse range of finished goods and replacement parts, retailers and warranty administrators. With many years of industry experience, they continue to evolve with every changing business climates to deliver best in class business solutions and unparelleled parts distribution. Encompass has grown with innovative technology to support new supply chain services for top manufacturer brands. One thing they haven’t changed is their dedication to providing superior service experience to their business partners and consumer end users.

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

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
82-06-17-031-085.021-029
Land Assessment
$94,555 CAD
Improvements Assessment
$206,647 CAD
Total Assessment
$301,203 CAD
  • Listing ID: 36431740

  • Date on Market: 2025-06-26

  • Last Updated:

  • Address: 900 E Diamond Ave, Evansville, IN 47711

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