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Single-Tenant Industrial

Beacon Roofing Supply - Absolute NNN | 3% Annual Increases

9050 Louisiana St, Merrillville, IN 46410

Listing Price: $2,850,000

Cap Rate
4.88%
Gross SF
16,080
Price/Gross SF
$177.24
Lot Size
2.52 acres
Year Built
1993
Rentable SF
16,080

Investment Overview

--Industrial Property in Excellent Condition-- --New Paved Asphalt Parking Lot --Large Lot with Over 2.5 Acres Allowing for Expansion in the Future --Located on Interstate 65 with a Traffic Count Exceeding 67,000 CPD, Which Provides for Great Exposure to the Marketplace --Strong Corporate Guarantee-- --Rare Absolute NNN Industrial Property – Zero Landlord Responsibilities, Which is Ideal for an Investor not Local to the Market --Beacon Roofing Supply is a Publicly Traded Company (NASDAQ: BECN) with Revenue in Excess of $7 Billion --Beacon Roofing Supply has Over 400 Locations in the USA and Canada --Pride of Ownership Property in Merrillville, IN-- --Dense, Infill Area with Over 88,000 Residents within 5 Miles of the Subject Property --The Subject Property is Located on Interstate 65 which Connects the Following Cities: Birmingham, Nashville, Louisville, Indianapolis, and Chicago --Located in a Dense Industrial Area with other National Brands such as Amazon, Frito-Lay, McCann Industries Inc., TruGreen Lawn Care, Aramark, Cranemasters, SCP Distributors, Orkin, and Many More within Close Proximity to the Subject Property

Investment Highlights

  • New 7-Year Lease Extension
  • Absolute NNN Lease
  • Rare 3% Annual Increases

Exclusively Listed By

Broker of Record

  • Josh Caruana

    First Vice President/District Manager

    (317) 218-5300

    License(s) IN: RB14034355

    Indiana

Single-Tenant Industrial

Beacon Roofing Supply - Absolute NNN | 3% Annual Increases

Listing Price: $2,850,000

Cap Rate
4.88%
Gross SF
16,080
Price/Gross SF
$177.24
Lot Size
2.52 acres
Year Built
1993
Rentable SF
16,080

Investment Highlights

  • New 7-Year Lease Extension
  • Absolute NNN Lease
  • Rare 3% Annual Increases

Investment Overview

--Industrial Property in Excellent Condition-- --New Paved Asphalt Parking Lot --Large Lot with Over 2.5 Acres Allowing for Expansion in the Future --Located on Interstate 65 with a Traffic Count Exceeding 67,000 CPD, Which Provides for Great Exposure to the Marketplace --Strong Corporate Guarantee-- --Rare Absolute NNN Industrial Property – Zero Landlord Responsibilities, Which is Ideal for an Investor not Local to the Market --Beacon Roofing Supply is a Publicly Traded Company (NASDAQ: BECN) with Revenue in Excess of $7 Billion --Beacon Roofing Supply has Over 400 Locations in the USA and Canada --Pride of Ownership Property in Merrillville, IN-- --Dense, Infill Area with Over 88,000 Residents within 5 Miles of the Subject Property --The Subject Property is Located on Interstate 65 which Connects the Following Cities: Birmingham, Nashville, Louisville, Indianapolis, and Chicago --Located in a Dense Industrial Area with other National Brands such as Amazon, Frito-Lay, McCann Industries Inc., TruGreen Lawn Care, Aramark, Cranemasters, SCP Distributors, Orkin, and Many More within Close Proximity to the Subject Property

Exclusively Listed By

Broker of Record

  • Josh Caruana

    First Vice President/District Manager

    (317) 218-5300

    License(s): IN: RB14034355

    Indiana

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