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Manufacturing Facility with NNN Lease
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2855 E Bellefontaine Rd, Hamilton, IN 46742

Manufacturing facility under an NNN lease with minimal landlord responsibilities, occupied by Rieke Corporation.

Property Size72,900 SF
Lot Size37.19 Acres
Price / SF$81.58
Days on Market81

Property Features for 2855 E Bellefontaine Rd

General Information

Standard status Active
Size 72,900 SF
Total Parking Spaces 410
Lot size 37.19 Acres
Property subtype INDUSTRIAL

Additional Details

Outdoor Storage Yes
Listing Agency: B+E
Listed By: Camille Renshaw · License #10491209253
Source: Moodyscre
Added: Jun 2 Changed: Jul 29 Last Checked: Jul 29 at 10:27PM

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 B+E

Investment Insights

Based on property information with market context.

The property is a manufacturing facility offered on an NNN lease structure with minimal landlord responsibilities. The lease includes strong 4% annual increases, providing an inflation hedge for investors. The asset is leased by Rieke Corporation, which has occupied the facility for more than 24 years, first leasing the space in 2002. Rieke recently restructured its lease and extended its term by an additional five years, supporting a strong probability of continued occupancy.

The building is configured with approximately 85% industrial space, including ±43,700 SF dedicated to manufacturing operations. The remaining area consists of warehouse space, R&D, and minimal office space. The structure underwent a full roof replacement in 2022, improving durability and reducing near-term maintenance risk.

The site covers approximately ±37.19 acres and includes ±410 parking spaces, supporting trucks, outdoor storage for large trucks and materials, and employee vehicle parking. The property is located about ±6 miles from I-69, with the interstate serving as a key industrial corridor across the region.

Key Highlights

  • NNN lease with minimal landlord responsibilities and 4% annual increases
  • Rieke Corporation occupied since 2002; lease extended by an additional five years
  • Approximately 85% industrial space with ±43,700 SF dedicated to manufacturing

Property Analytics

Current Use

Manufacturing properties

Suggested Use

Top Pick Building Supply Real Estate Agency Big Box & Wholesale Store Storage Facility (Bike/Boat/Book/etc) Store Law Firm

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

Location Intelligence

Trade Area within ½ mile

21
Businesses Nearby

Demographics for 46742, IN

3,259
Population
2,071
Households
1.6
Avg Household Size
50
Median Age
22%
College-Educated
95%
High-School Grad
51.9 sq mi
ZIP Area
63
Density / Sq Mi
$77,037
Median Household Income
$46,760
Median Earnings
$898
Median Rent
$253,300
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
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Frequently Asked Questions

What type of property is this?
Manufacturing property - Manufacturing facility under an NNN lease with minimal landlord responsibilities, occupied by Rieke Corporation.
Where is this manufacturing property located?
The property is located at 2855 E Bellefontaine Rd Hamilton, IN.
What is the asking price?
The asking price for this property is $5,947,105.
What are key features of this property?
This property features: NNN lease with minimal landlord responsibilities and 4% annual increases; Rieke Corporation occupied since 2002; lease extended by an additional five years; Approximately 85% industrial space with ±43,700 SF dedicated to manufacturing
(312) 366-3584 Call to check price and availability
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