1450 Commerce Pky - Manufacturing FOR SALE


Franklin, IN 46131
$12,000,000 USD
463-222-3754
1450 Commerce Pky, Franklin, IN for Sale
$12,000,000 USD
Manufacturing - FOR SALE
1/19
null | Request Cap Rate

1450 Commerce Pky
Franklin, IN 46131


HIGHLIGHTS

  • 1450 Commerce Parkway is a 178,060 SF industrial manufacturing facility with 20,000 SF of office space, ready to be build-out to meet occupant needs.
  • Features a clear height of 20’ to 25’, flexible column spacing, and eight docks and two drive-in doors, each with manual levelers and dock locks.
  • Equipped with heavy power (electrical capacity of 8,000 amps) and three crane spans with varying lengths and capacities for handling tasks.
  • Situated on a 32.6-acre lot zoned General Industrial supporting various manufacturing uses with 15 acres for expansion or additional parking.
  • Located near Franklin's main manufacturing hub, minutes from Interstate 65 and US Route 31.

OVERVIEW

Located in Johnson County's bustling industrial hub, 1450 Commerce Parkway offers prime manufacturing and warehouse space with desirable building specifications and incredible highway connectivity. Spanning 178,060 square feet, this property supports diverse industrial needs with approximately 158,000 square feet of warehouse space and 20,000 square feet of office space. Constructed in 1994, the building is designed with a steel-framed metal panel structure and a durable standing seam metal roof, ensuring longevity and resilience. Situated on a 32.6-acre site, 1450 Commerce Parkway provides plenty of parking with 170 surface spaces, accommodating employees and visitors alike, and ±15 acres of excess land for expansion or additional parking. The site's General Industrial (GI) zoning underscores its suitability for a wide variety of manufacturing and industrial uses. 1450 Commerce Parkway features exceptional building specifications including heavy power, various cranes, and multiple loading docks, ideal for businesses looking to enhance operations. The warehouse boasts a clear height of 20 to 25 feet, with specific areas accommodating up to 20 feet under crane operations, and flexible column spacing between 40 and 52 feet. For efficient loading and unloading processes, the facility is equipped with eight docks and two drive-in doors, each enhanced with manual levelers and dock locks. An impressive electrical capacity of 8,000 amps, divided into two 4,000-amp services, powers the complex, supporting high-demand industrial activities. This property is designed for high efficiency, featuring a strategic layout with T5 and T12 lighting systems for optimal visibility and energy efficiency. Enhancing its appeal to specialized operations, the facility includes three crane spans with varying lengths and capacities to accommodate a range of heavy lifting and material handling tasks. Johnson County is less than 30 miles south of downtown Indianapolis and is among the area's most active from both a supply and demand standpoint. Investors, tenants, and developers are attracted to the prime location, significant manufacturing presence, and access to major thoroughfares. 1450 Commerce Parkway thrives in this advantageous industrial location with quick access to interstates, population centers, railroad intermodals, and ports. The property is minutes from Interstate 65 and US Route 31, providing a seamless connection to Interstate 465, Indianapolis International Airport, and the broader metro area. Johnson County is home to a wealth of manufacturing companies, such as NSK Precision, a leading manufacturer of bearings and other automotive components, GMI Corporation, Caterpillar, and KYB, a manufacturer of aftermarket shocks and struts.

FOR SALE DETAILS

PRICE

$12,000,000 USD

PRICE/SF

$67 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1994

UTILITIES

-

CLEAR CEILING HT

20 Ft

DOCKS

8

DRIVE INS

2

PARKING SPACES

211

LAND DETAILS

LAND ACRES

32.6

LAND SF

1,420,056

ZONING

IG

APN/PARCEL ID

41-08-11-043-001.000-009

ASK ABOUT THIS PROPERTY

James StoreyJDM PartnersMore Info
463-222-3754

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James StoreyJDM PartnersMore Info
463-222-3754

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.