Property summary
This exceptional 277,919-square-foot modern industrial property in Lebanon, Indiana's Boone County, is perfectly situated for warehousing and logistics businesses. The property comprises two buildings: Building 621, offering 106,171 square feet (with 76,141 square feet currently available, divisible to approximately 30,000 square feet), and Building 651, encompassing 171,748 square feet (divisible to approximately 50,000 square feet). Both buildings boast 28-32 foot ceiling heights and are equipped with 32 loading docks in total. The property features ample parking with 305 spaces and a robust power supply of 1,200 amps, 277/480 volts. Zoned Planned Business Industrial (PBI), this facility benefits from a 10-year real estate tax abatement. Its strategic location less than a mile from the I-65 and SR 39 interchange provides unparalleled access to Indianapolis, Chicago, and five major interstate systems via I-465. Enjoy a convenient 30-minute commute to Indianapolis's central business district, Indianapolis International Airport, and Lafayette, Indiana. This newly constructed (2023) property is ready for immediate occupancy.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
ZO01 · Lebanon, INZoning
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Zoning designation
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