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Vacant-User

2250 N Main St | Terre Haute MSA

2250 N Main St, Clinton, IN 47842

Listing Price: $1,750,000

Gross SF
47,320
Price/Gross SF
$36.98
Lot Size
11.00 acres
Year Built
1982
Rentable SF
47,320

Investment Overview

Marcus & Millichap is pleased to exclusively represent 2250 N Main St., Clinton, IN (Terre Haute, IN MSA). The industrial warehouse and office (~4,000SF office buildout: open work, admin areas, conference room and perimeter offices) are ideally located just off IN-63 on ~11 acres, in the Clinton Industrial Park (TIF District) with potential for tax abatement. The building has many amenities for a new industrial tenant. The warehouse was built in 1982 and renovated in 2017 and features two dock doors with pads, levelers, 8’x8’ manual door with outdoor fenced staging area, three drive in doors (10’x10’, 8’x10’ and 12’x14’); 14’ Clear Height, 25’x32’ column spacing, wet sprinklers, JOINK fiber optic (installed 2020), new LED perimeter and warehouse lighting, fully piped for compressed air, with two HP Worthington Compressors and Gemoc air dryer, 480v, 3 Phase power with extensive buss duct, gas heaters over dock and drive in doors, exhaust venting, cranes, and employee lockers, showers and rest rooms. The Steel deck roof features a 50mil DuroLast membrane installed in 2020 (20 Year Warranty) along with four rooftop units. The lot has paved parking for 70 cars; zoned I-2 Industrial. Additional land parcels which could be acquired for expansion and/or to add a rail siding to the building (CSX Rail Line). The Clinton Industrial Park is minutes from US Highways 36 (2,424 VPD) and 41 (6,932 VPD), State Roads 63 (8,679 VPD), 32 (984 VPD), 71 (851 VPD) and 163 (7,495 VPD). Interstates I-70 (38,655 VPD) and I-74 (18,864 VPD) are less than 30 minutes from the subject property. Neighboring properties are tenanted by Duke Energy, PermaBASE Building Products, an Affiliate of National Gypsum Company, Paxton Custom Meats, AITX Railcar Services. In addition, Elanco (Eli Lilly & Co) and White Construction are located nearby in the SR 63 corridor. Higher education institutions in the region include: Indiana State (Enrollment: 8,658), Indiana University (Enrollment: 47,005), DePauw (Enrollment: 1,754), Rose Hulman (Enrollment: 2,101), Ivy Tech (Enrollment: 72,689, and the University of Illinois, Champaign (Enrollment: 56,644). The subject property’s location has a close proximity to the Indiana/Illinois State Border (15 minutes) and provides access to over one million workers within an hour's drive, as well as major cities, including Chicago (155 miles), Indianapolis (70 miles), Peoria (150 miles), St. Louis (190 miles), and Cincinnati (210 miles). The area enjoys an AHHI of $60,902 (within 15-miles) and a population of 77,320 (within 15-miles). The subject property is located in the Terre Haute MSA (Population: 184,910). As both the Terre Haute and Indianapolis metro areas continue to expand, the SR 63 N corridor will continue to benefit from additional industrial investment.

Investment Highlights

  • Industrial Warehouse and Office (~4,000SF) for combined GLA of 47,320SF | 11 Acres | Built in 1982 | Renovated in 2017 | I-2 Industrial Zoned |Located in TIF District
  • 2 Dock Doors Including Pads & Levelers | Manual Door With Outdoor Fenced Staging Area | 3 Drive-Ins | 14' Clear Height | New LED Perimeter & Warehouse Lighting | New Roof & Rooftop Units 2020
  • Neighboring Properties: Duke Energy, PermaBASE Building Products, Paxton Custom Meats, AITX Railcar Services. Elanco (Eli Lilly & Co) and White Construction Located Nearby in SR 63 Corridor
  • Clinton Business Park Located off IN SR 63 (8,679 VPD) and Minutes from US 36 (2,424 VPD) and US 41 (6,932 VPD) | Within One Day's Drive of 60% of the US | Proximity to I-70 (30 Minutes; 38,655 VPD) and I-74 (30 Minutes; 18,864 VPD) | Chicago (155 Miles) | Indianapolis (70 Miles) | Peoria (150 Miles) | St. Louis (190 Miles) | Cincinnati (210 Miles)
  • Regional Workforce: 15 Minutes to the IN/IL State Border Drawing Over 1 Million Workers Within 1 Hour Higher Education: Indiana State University (Enrollment: 8,658), Indiana University (Enrollment: 47,005), DePauw University (Enrollment: 1,754), Rose Hulman (Enrollment: 2,101), Ivy Tech (Enrollment: 72,689, and the University of Illinois, Champaign (Enrollment: 56,644)
  • AHHI (15-Miles) $60,902 | Population (15-Miles) 77,320 | Terre Haute, IN MSA (Population: 184,910) | Indianapolis, IN MSA (Population: 2,111,040; Rank: 33rd)

Exclusively Listed By

Financing By

Vacant-User

2250 N Main St | Terre Haute MSA

Listing Price: $1,750,000

Gross SF
47,320
Price/Gross SF
$36.98
Lot Size
11.00 acres
Year Built
1982
Rentable SF
47,320

Investment Highlights

  • Industrial Warehouse and Office (~4,000SF) for combined GLA of 47,320SF | 11 Acres | Built in 1982 | Renovated in 2017 | I-2 Industrial Zoned |Located in TIF District
  • 2 Dock Doors Including Pads & Levelers | Manual Door With Outdoor Fenced Staging Area | 3 Drive-Ins | 14' Clear Height | New LED Perimeter & Warehouse Lighting | New Roof & Rooftop Units 2020
  • Neighboring Properties: Duke Energy, PermaBASE Building Products, Paxton Custom Meats, AITX Railcar Services. Elanco (Eli Lilly & Co) and White Construction Located Nearby in SR 63 Corridor
  • Clinton Business Park Located off IN SR 63 (8,679 VPD) and Minutes from US 36 (2,424 VPD) and US 41 (6,932 VPD) | Within One Day's Drive of 60% of the US | Proximity to I-70 (30 Minutes; 38,655 VPD) and I-74 (30 Minutes; 18,864 VPD) | Chicago (155 Miles) | Indianapolis (70 Miles) | Peoria (150 Miles) | St. Louis (190 Miles) | Cincinnati (210 Miles)
  • Regional Workforce: 15 Minutes to the IN/IL State Border Drawing Over 1 Million Workers Within 1 Hour Higher Education: Indiana State University (Enrollment: 8,658), Indiana University (Enrollment: 47,005), DePauw University (Enrollment: 1,754), Rose Hulman (Enrollment: 2,101), Ivy Tech (Enrollment: 72,689, and the University of Illinois, Champaign (Enrollment: 56,644)
  • AHHI (15-Miles) $60,902 | Population (15-Miles) 77,320 | Terre Haute, IN MSA (Population: 184,910) | Indianapolis, IN MSA (Population: 2,111,040; Rank: 33rd)

Investment Overview

Marcus & Millichap is pleased to exclusively represent 2250 N Main St., Clinton, IN (Terre Haute, IN MSA). The industrial warehouse and office (~4,000SF office buildout: open work, admin areas, conference room and perimeter offices) are ideally located just off IN-63 on ~11 acres, in the Clinton Industrial Park (TIF District) with potential for tax abatement. The building has many amenities for a new industrial tenant. The warehouse was built in 1982 and renovated in 2017 and features two dock doors with pads, levelers, 8’x8’ manual door with outdoor fenced staging area, three drive in doors (10’x10’, 8’x10’ and 12’x14’); 14’ Clear Height, 25’x32’ column spacing, wet sprinklers, JOINK fiber optic (installed 2020), new LED perimeter and warehouse lighting, fully piped for compressed air, with two HP Worthington Compressors and Gemoc air dryer, 480v, 3 Phase power with extensive buss duct, gas heaters over dock and drive in doors, exhaust venting, cranes, and employee lockers, showers and rest rooms. The Steel deck roof features a 50mil DuroLast membrane installed in 2020 (20 Year Warranty) along with four rooftop units. The lot has paved parking for 70 cars; zoned I-2 Industrial. Additional land parcels which could be acquired for expansion and/or to add a rail siding to the building (CSX Rail Line). The Clinton Industrial Park is minutes from US Highways 36 (2,424 VPD) and 41 (6,932 VPD), State Roads 63 (8,679 VPD), 32 (984 VPD), 71 (851 VPD) and 163 (7,495 VPD). Interstates I-70 (38,655 VPD) and I-74 (18,864 VPD) are less than 30 minutes from the subject property. Neighboring properties are tenanted by Duke Energy, PermaBASE Building Products, an Affiliate of National Gypsum Company, Paxton Custom Meats, AITX Railcar Services. In addition, Elanco (Eli Lilly & Co) and White Construction are located nearby in the SR 63 corridor. Higher education institutions in the region include: Indiana State (Enrollment: 8,658), Indiana University (Enrollment: 47,005), DePauw (Enrollment: 1,754), Rose Hulman (Enrollment: 2,101), Ivy Tech (Enrollment: 72,689, and the University of Illinois, Champaign (Enrollment: 56,644). The subject property’s location has a close proximity to the Indiana/Illinois State Border (15 minutes) and provides access to over one million workers within an hour's drive, as well as major cities, including Chicago (155 miles), Indianapolis (70 miles), Peoria (150 miles), St. Louis (190 miles), and Cincinnati (210 miles). The area enjoys an AHHI of $60,902 (within 15-miles) and a population of 77,320 (within 15-miles). The subject property is located in the Terre Haute MSA (Population: 184,910). As both the Terre Haute and Indianapolis metro areas continue to expand, the SR 63 N corridor will continue to benefit from additional industrial investment.

Exclusively Listed By

Financing By

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