Warehouse
For Sale or Lease | 50,000 SF Class A Industrial | Grey Shell | Vermillion Rise Mega Park
222 W Broadway Ave., Hillsdale, IN 47854
Listing Price: $3,600,000
Investment Overview
FOR SALE OR LEASE
Marcus and Millichap is pleased to exclusively represent 222 W. Broadway Ave., Hillsdale, Indiana located in the 7,155-acre Vermillion Rise Mega Park. The subject property is a Class A, 50,000 Square Foot Industrial Warehouse, situated on a 9-acre lot, built in 2017 and completed to grey shell. Potential for outdoor storage.
The 32’ clear height warehouse with 50’x50’ column spacing, currently has (3) 9’x10’ docks, (1) 14’x18’ drive in with an overhead door, and sloped deck roof with TPO membrane. Constructed of precast concrete, the west wall composed of engineered metal allows for easy expansion up to 200,000 SF*¹. The subject property offers tenants or investors the opportunity to acquire and finish to suit a Class A industrial warehouse.
The Vermillion Rise Mega Park is a 7,155-acre industrial facility located in West Central Indiana. Formerly a defense facility, today "The Rise" offers unmatched 7 MW available power, ample water and gas, and a unique location to accommodate distribution, data center or manufacturing facilities. Join these industries in place within the region, including logistics (Amazon), plastics (Taghleef), steel, EV batteries (Entek), automotive parts, pet food (Scott Pet), food, animal health (Elanco).
The Park is fronted by IN SR 63 (10,066 Vehicles per Day), a 4-lane divided highway with access to I-74 (25,580 VPD) north of the Park and I-70 (37,512 Vehicles per Day) south of the Park.
For Sale or Lease | 50,000 SF Class A Industrial | Grey Shell | Vermillion Rise Mega Park
Investment Highlights
- Class A Building is Precast Concrete With an Expandable West Wall Composed of Engineered Metal for Easy Expansion Ability Up To 200,000 Square-Foot Sloped Deck with TPO Roof Membrane - Finish to Suit
- Within a TIF Area - Offers Unique Development Incentives | Property Tax Abatement and Tax Increment Financing Available
- Vermillion Rise Industrial Park (7,000 Acres) Located Between IN SR 63 (7,506 Vehicles per Day) and IN SR 71 (1,338 Vehicles per Day)
- Three Docks in Place - Provisioned Additional Docks | One Drive In (14'x18' OHD) | Fully Prepped to Receive an Industrial-Grade Concrete Floor | Site Fully Completed, Including Sidewalks, Asphalt Parking, Landscaping and Truck Aprons
- IN Business Climate: Number One Manufacturing State in the Nation | Number One Best State for Business in the Midwest | Number One Best Tax Climate in the Midwest | Terre Haute, IN MSA (Population: 185,031) | Indianapolis, Indiana MSA (Population: 2,111,040 ; Rank: 33rd)
- Site Location Synergistic With Existing Manufacturers: Amcor, Great Dane, ADVICS, Taghleef, GE Aviation, Elanco (Eli Lilly), International Paper, Scott Pet Products, Hearthside Food Solutions, Preferred Tire Recycling, Newport Pallet Company, Duke Energy Cayuga Generating Station and Others
- Educated Work Force: DePauw University (Enrollment: 1,660) Rose-Hulman (Enrollment: 1,990) IUPUI (Enrollment: 27,690) IU Bloomington (Enrollment: 45,328) Purdue University (Enrollment: 49,639) University of Illinois (Enrollment: 56,299) Ivy Tech (Enrollment: 63,809)
Exclusively Listed By
Financing By
Warehouse
For Sale or Lease | 50,000 SF Class A Industrial | Grey Shell | Vermillion Rise Mega Park
Listing Price: $3,600,000
Investment Highlights
- Class A Building is Precast Concrete With an Expandable West Wall Composed of Engineered Metal for Easy Expansion Ability Up To 200,000 Square-Foot Sloped Deck with TPO Roof Membrane - Finish to Suit
- Within a TIF Area - Offers Unique Development Incentives | Property Tax Abatement and Tax Increment Financing Available
- Vermillion Rise Industrial Park (7,000 Acres) Located Between IN SR 63 (7,506 Vehicles per Day) and IN SR 71 (1,338 Vehicles per Day)
- Three Docks in Place - Provisioned Additional Docks | One Drive In (14'x18' OHD) | Fully Prepped to Receive an Industrial-Grade Concrete Floor | Site Fully Completed, Including Sidewalks, Asphalt Parking, Landscaping and Truck Aprons
- IN Business Climate: Number One Manufacturing State in the Nation | Number One Best State for Business in the Midwest | Number One Best Tax Climate in the Midwest | Terre Haute, IN MSA (Population: 185,031) | Indianapolis, Indiana MSA (Population: 2,111,040 ; Rank: 33rd)
- Site Location Synergistic With Existing Manufacturers: Amcor, Great Dane, ADVICS, Taghleef, GE Aviation, Elanco (Eli Lilly), International Paper, Scott Pet Products, Hearthside Food Solutions, Preferred Tire Recycling, Newport Pallet Company, Duke Energy Cayuga Generating Station and Others
- Educated Work Force: DePauw University (Enrollment: 1,660) Rose-Hulman (Enrollment: 1,990) IUPUI (Enrollment: 27,690) IU Bloomington (Enrollment: 45,328) Purdue University (Enrollment: 49,639) University of Illinois (Enrollment: 56,299) Ivy Tech (Enrollment: 63,809)
Investment Overview
FOR SALE OR LEASE Marcus and Millichap is pleased to exclusively represent 222 W. Broadway Ave., Hillsdale, Indiana located in the 7,155-acre Vermillion Rise Mega Park. The subject property is a Class A, 50,000 Square Foot Industrial Warehouse, situated on a 9-acre lot, built in 2017 and completed to grey shell. Potential for outdoor storage. The 32’ clear height warehouse with 50’x50’ column spacing, currently has (3) 9’x10’ docks, (1) 14’x18’ drive in with an overhead door, and sloped deck roof with TPO membrane. Constructed of precast concrete, the west wall composed of engineered metal allows for easy expansion up to 200,000 SF*¹. The subject property offers tenants or investors the opportunity to acquire and finish to suit a Class A industrial warehouse. The Vermillion Rise Mega Park is a 7,155-acre industrial facility located in West Central Indiana. Formerly a defense facility, today "The Rise" offers unmatched 7 MW available power, ample water and gas, and a unique location to accommodate distribution, data center or manufacturing facilities. Join these industries in place within the region, including logistics (Amazon), plastics (Taghleef), steel, EV batteries (Entek), automotive parts, pet food (Scott Pet), food, animal health (Elanco). The Park is fronted by IN SR 63 (10,066 Vehicles per Day), a 4-lane divided highway with access to I-74 (25,580 VPD) north of the Park and I-70 (37,512 Vehicles per Day) south of the Park.
Exclusively Listed By
Financing By
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