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Clear-Span Warehouse with Dock Loading
For Lease
$5,000/Mo

1-708 N Eel River Cemetery Rd, Peru, IN 46970

Modified-gross terms include 24-hour tenant access and three dock-height loading positions.

Space Size15,680 SF - 46,816 SF
Days on Market23

Property Features for 1-708 N Eel River Cemetery Rd

General Information

Standard status Active
Size 15,680 SF - 46,816 SF
Net Rentable 15,680 SF
Lease Type Modified Gross

Space & Availability

Available Space 15,680-46,816 SF
Contiguous Space 15,680 SF
Divisible No
Space Use Warehouse

Lease Terms

Lease Rate $5,000 /USD/MO
Monthly Rent $5,000
Rent per SF/Year $3.83

Site & Location

Highway Access Yes
Utilities to Site No

Warehouse & Industrial

Clear Height 13.75 ft
Clear Span Yes
Warehouse Space 15,680 SF
Dock-High Doors 3
Drive-In Doors 3
Conditioned Warehouse No

Taxes and HOA fees

Annual Taxes $8,934

Amenities

24-hour tenant access

Building Details

Buildings 1
Building Size 15,680 SF
Listing Agency: Carriger Oldfather Realty, Inc
Listed By: Ethan Manning · License #38970
Source: Exprealty
Added: Sep 22 Changed: Oct 10 Last Checked: Oct 12 at 9:01PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Carriger Oldfather Realty, Inc

Investment Insights

Based on property information with market context.

Building 1 contains approximately 15,680 square feet of clear-span warehouse area, with an open interior, concrete flooring, insulated construction, and approximately 13' 9" of interior clearance. Loading is supported by three overhead doors and three dock-height positions. The space has no current water service, restroom facilities, or active heating or cooling.

The property is very close to the U.S. 31 and U.S. 24 interchange. Building 1 can be leased on its own or together with two other available warehouses, for a combined area of approximately 46,816 square feet across three buildings. One additional 15,680-square-foot building is directly behind Building 1; the 15,456-square-foot building is across the county road.

The modified-gross arrangement gives tenants 24-hour access. The landlord covers real estate taxes, building property insurance, mowing, snow removal, and ordinary building maintenance. Tenants pay separately metered electricity and cover damage they cause. Parking, trailer parking, and exterior storage require landlord approval and are governed by lease terms.

Key Highlights

  • Approximately 15,680 SF of clear‑span warehouse space
  • Approximately 13' 9" of interior clearance
  • Three overhead doors and three dock‑height loading positions

Property Analytics

Current Use

Warehouses

Suggested Use

Top Pick Garden Center Big Box & Wholesale Store Butcher Building Supply Adult Day Care Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

13 ft
Clear height
3
Dock-high doors
3
Drive-in doors
Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

12
Businesses Nearby
Well-served
Demand for This Use

Demographics for 46970, IN

23,317
Population
10,177
Households
2.3
Avg Household Size
41
Median Age
16%
College-Educated
88%
High-School Grad
179.9 sq mi
ZIP Area
130
Density / Sq Mi
$56,722
Median Household Income
$34,895
Median Earnings
$822
Median Rent
$111,200
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Warehouse - Modified-gross terms include 24-hour tenant access and three dock-height loading positions.
Where is this warehouse located?
The property is located at 1-708 N Eel River Cemetery Rd Peru, IN.
What is the lease rate?
The lease rate is $5,000/Mo.
What are key features of this property?
This property features: Approximately 15,680 SF of clear‑span warehouse space; Approximately 13' 9" of interior clearance; Three overhead doors and three dock‑height loading positions
More about this property
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