The DiSalvo I Bender I Nulf Group of Marcus & Millichap is pleased to present to market available for sale the Southpoint Circle Industrial Building – a single tenant net leased industrial deal situated along Northfield Road, containing roughly 64,176 square feet. The located park is home to a vast mix of newly developed Class A flex and industrial centers. This offering provides a unique opportunity to an investor or group of investors that are seeking passive income with minimal operational oversight, as well as potential for long-term appreciation in a thriving industrial market.
Market: Situated in Brownsburg, part of the Indianapolis metropolitan area, the surrounding area has a plethora of retailers, manufactures, business, restaurants, movie centers, hotels, apartments, single family homes, office parks, warehouse facilities, etc. Proximities to major highways (i-74, and 465) provides excellent transportation and distribution capabilities. Additionally the subject property provides access to a robust labor market and growing industrial demand in the close proximity.
WHY SOUTHPOINT CIRCLE INDUSTRIAL?
With Brownsburg/ Indianapolis Metro experiencing growth in the industrial real estate sector, as well as low vacancy rates and strong rental grown in the industrial real estate market, the subject property is an extremely high value proposition play. This property represents a stable, long-term investment in a high-demand industrial market. The strong lease terms and location provide a reliable income stream with minimal risks. Investors can benefit from the continued growth of Brownsburg and the Indianapolis metro area as a logistics and industrial hub.
Stable Current Tenant Mix: Southpoint Circle Industrial Building is fully occupied as it is a single tenant net leased deal. With a long standing tenant as well as 10 years of term remaining on the lease, the deal provides long-term income predictability as well as potential for steady cash flow with minimal management requirements due to the net lease structure.
Prime Location:
Situated in Brownsburg, part of the thriving Indianapolis metropolitan area, with proximity to major transportation routes including I-74 and I-465.
10-Year Absolute Net Lease:
Secure, predictable income with a long-term lease and minimal management responsibilities due to the triple-net structure.
Strategic Growth Potential:
Benefit from the continued expansion of Brownsburg and the Indianapolis metro area as a logistics and industrial hub.