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Warehouse Condominium with Drive-In Door
For Lease
$12 SF/Yr NNN

1311 NW Laurel St, Elkhart, IA 50073

1,800 SF warehouse condo with a 14' drive-in door, walk-in door, gas heat, and ample parking.

Space SizeContact for details
Days on Market94

Property Features for 1311 NW Laurel St

General Information

Standard status Active
Class B
Property subtype industrial
Lease Type NNN

Additional Details

Drive-In Doors 1
Listing Agency: JLL
Listed By: Thomas Edwards · License #S72653000
Source: Property.jll
Added: Jul 27 Changed: Oct 25 Last Checked: Oct 28 at 4:50AM

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 JLL

Rey
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Investment Insights

Based on property information with market context.

Suite 111 is a 1,800 SF warehouse condominium built on a 30' x 60' footprint. The space includes a 14' drive-in door and a walk-in door, along with gas heat and electric service. Ample parking supports day-to-day loading and customer or employee access.

The property is available for lease and is located at 1311 NW Laurel St, Elkhart, IA 50073. Lease terms are listed at $12.00 PSF/NNN, plus Common Area Maintenance of $1.75 PSF. The building is also offered with a three-year 100% tax abatement on the building (taxes paid on ground).

This configuration is well-suited for tenants seeking a dedicated, mid-bay warehouse setup within a condominium-style arrangement.

Key Highlights

  • Suite 111 warehouse condominium for sale or lease
  • 1,800 SF (30' x 60') warehouse condo
  • 14' drive‑in door plus walk‑in door

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Warehouses

Suggested Use

Top Pick Electrical Service Plumbing Service (Bike/Boat/Book/etc) Store HVAC Service Auto Repair Shop Storage Facility

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

1
Drive-in doors
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

4
Businesses Nearby
Well-served
Demand for This Use

Demographics for 50073, IA

1,405
Population
555
Households
2.5
Avg Household Size
36
Median Age
38%
College-Educated
96%
High-School Grad
26.2 sq mi
ZIP Area
54
Density / Sq Mi
$94,712
Median Household Income
$64,803
Median Earnings
$678
Median Rent
$275,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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

Frequently Asked Questions

What type of property is this?
Warehouse - 1,800 SF warehouse condo with a 14' drive-in door, walk-in door, gas heat, and ample parking.
Where is this warehouse located?
The property is located at 1311 NW Laurel St Elkhart, IA.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: Suite 111 warehouse condominium for sale or lease; 1,800 SF (30' x 60') warehouse condo; 14' drive‑in door plus walk‑in door
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