4210 W 67th St - Distribution FOR SALE


Anderson, IN 46011
$35,160,000 USD
918-809-9616
4210 W 67th St, Anderson, IN for Sale
$35,160,000 USD
Distribution - FOR SALE
1/3
null | 6% Cap Rate

4210 W 67th St
Anderson, IN 46011


HIGHLIGHTS

  • STRONG CREDIT TENANT - PIONEER HI-BRED INTERNATIONAL - A CORTEVA AGRISCIENCE COMPANY
  • BUILD-TO-SUIT - MISSION-CRITICAL DISTRIBUTION CENTER – CONCRETE TILT CONSTRUCTION
  • TRATEGIC WAREHOUSE LOCATION – DIRECT INTERSTATE ACCESS
  • LONG TERM PASSIVE LEASE STRUCTURE WITH MINIMAL LANDLORD OBLIGATIONS

OVERVIEW

Newmark has been exclusively engaged to offer for sale the Pioneer Hi-Bred, a Corteva Agriscience Company located at 4210 West 67th Street, Anderson, Indiana. The Property is 100% net-leased to Pioneer Hi-Bred, a Corteva Agriscience Company, on a long-term twelve-and-a half- year lease. The Offering is comprised of a Class A +/-300,000 SF institutional-quality climate-controlled distribution warehouse situated on 30 acres. The subject property serves as Corteva’s largest Regional Distribution Center in North America and is located just 34 miles from Corteva’s Global Headquarters in Indianapolis, IN, offering advantageous proximity or operational coordination and management efficiencies. Corteva typically utilizes pre-engineered metal structures for its distribution facilities. However, their decision to invest in this premium precast building highlights its significance within their network.

FOR SALE DETAILS

PRICE

$35,160,000 USD

PRICE/SF

$117 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Distribution

ADD'L SUBTYPES

Refrigeration/Cold Storage

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

UTILITIES

Lighting, Water

CLEAR CEILING HT

-

DOCKS

25

DRIVE INS

2

PARKING SPACES

-

LAND DETAILS

LAND ACRES

57.23

LAND SF

2,492,804

ZONING

-

APN/PARCEL ID

48-11-33-300-003.000-003

ASK ABOUT THIS PROPERTY

Jerry HopkinsNewmarkMore Info
918-809-9616

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Jerry HopkinsNewmarkMore Info
918-809-9616

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