Albion Industrial Property for
For Lease
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1514 Progress Dr, Albion, IN 46701
59,200 SF industrial space available for lease in Albion, IN.
Space Size59,200 SF
Lot Size5.89 Acres
Days on Market1249
Property Features for 1514 Progress Dr
General Information
Standard status
Active
Size
59,200 SF
Lot size
5.89 Acres
Property subtype
INDUSTRIAL
Lease Type
NNN
Spaces For Lease
at 1514 Progress Dr Contact us- Size
- 59,200 SF
- Type
- INDUSTRIAL
- Lease Type
- NNN
- Availability
- AVAILABLE
- Sublease
- No
59,200 SF Industrial $3.95/SF/Yr
Introducing an exceptional opportunity in Albion, IN! This Industrial Property at...
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Listing Agency:
The Zacher Company
(260) 422-8474
Listed By:
Steven Zacher, SIOR, CCIM · License #RB14014906
(260) 437-0904
Source:
Moodyscre
Added: Apr 13, 2023
Changed: Sep 10
Last Checked: Sep 12 at 5:43AM
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 The Zacher Company
Investment Insights
Based on property information with market context.
Located in Albion, IN, this industrial property at 1514 Progress Dr. offers 59,200 square feet of space on a 5.89-acre lot. The property features full air conditioning, ceiling heights ranging from 13 to 20 feet, and a 1,200 amp electric service. It includes four truck docks and one drive-in door. Available immediately, the property has potential for subdivision. Constructed with pre-engineered steel and a standing seam metal roof, the building also features 6-inch reinforced concrete floors. The site includes a parking lot with 84 spaces, 13 ground-mounted HVAC units, and energy-efficient LED lighting. Its location provides convenient access to major roadways such as SR 8 and I-69. The property is suitable for various business ventures. The lease rate is $3.95 per square foot per year (NNN).
Key Highlights
- Strategic location near SR 8 and I‑69 for easy access to major roadways.
- Large 59,200 Sq. Ft. industrial space on 5.89 Acres with potential for subdivision.
- Full air conditioning throughout the property.
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
61
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 46701, IN
7,687
Population
3,386
Households
2.3
Avg Household Size
43
Median Age
27%
College-Educated
93%
High-School Grad
96.8 sq mi
ZIP Area
79
Density / Sq Mi
$76,813
Median Household Income
$45,847
Median Earnings
$835
Median Rent
$194,300
Median Home Value
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Market
Vacancy Rate% for Industrial in Midwest region
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Similar Off Market Nearby
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Frequently Asked Questions
What type of property is this?
Warehouse - 59,200 SF industrial space available for lease in Albion, IN.
Where is this warehouse located?
The property is located at 1514 Progress Dr Albion, IN.
What are key features of this property?
This property features: Strategic location near SR 8 and I‑69 for easy access to major roadways.; Large 59,200 Sq. Ft. industrial space on 5.89 Acres with potential for subdivision.; Full air conditioning throughout the property.
