Current Use by Public Records
- Warehouses
Property Details for 6 Ringel Ave
- Year built
- 2025
- Property type
- Warehouses
- Property subtype
- Industrial properties
Description
This exceptional Class A industrial property, located at 6 Ringle Ave in Wabash County, Indiana, presents a unique investment opportunity. The single-tenant, 30,000 square foot building is a new construction, slated for shell completion by May 1, 2025. Boasting a spacious layout, the building features impressive ceiling heights of 26 feet (eaves) and 28 feet 6 inches (peak), providing ample vertical space for various industrial uses. Access is facilitated by two dock doors and one drive-in door, ensuring efficient loading and unloading. The attractive architectural entry is designed to accommodate a potential two-story office build-out or mezzanine, adding to the property's versatility. Situated on approximately 3 acres of land, the property is zoned WCLI - Light Industrial (APN: 85-10-36-200-005.000-008). A significant advantage for investors is the inclusion of a 6-year phased-in tax abatement. The current asking lease rate is a competitive $7.61 per square foot per year, NNN. This property is ideal for businesses seeking a modern, efficient, and strategically located industrial space. Inquire today for sale price details.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Wabash
- County
- Wabash
- State
- Indiana
- Longitude
- -85.8013
- Latitude
- 40.8363
