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Miscellaneous

Central Marketing Transport Services

8727 S U.S Hwy 31, Edinburgh, IN 46124

Listing Price: $2,665,000

Cap Rate
6.75%
Tenant Name
Central Marketing Transport Services
Gross SF
18,140
Guarantor
Corporate Guarantee
Rentable SF
18,140
Price/Gross SF
$146.91
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$9.92

Investment Overview

Marcus & Millichap is pleased to present the Central Marketing Transport Services Facility in Edinburgh, Indiana. The 18,140 square foot Central Marketing Transport Systems facility is positioned right off of US Highway 31, which has 18,000+ vehicles travel past the location each day. The building originally was car dealership, but has provided essential office, shop, and parking space for the trucking facility. At the close of escrow, there will be a 15-year lease with 2% annual increases. Located between Indianapolis and Louisville, Edinburgh, Indiana was the first settlement in Johnson County in 1820. Edinburgh is easily accessible from Interstate 65 (49,694VPD) and US 31 (18,040VPD). The town is recognized for the Indiana Premium Outlets Shopping Mall and Camp Atterbury military base. The Indiana Premium Outlets, three miles away from the location, features over 70 stores where customers can enjoy savings at well-known retailers including Under Armour, Nike Factory Store, Polo Ralph Lauren, Michael Kors, Columbia Sportswear, and more. Shoppers are attracted to the outlet-store concept of their favorite stores. Central Marketing Transport Services was introduced in 1970 after Mike Dinovo Sr., brother of Sam Dinovo Sr. who opened the Dinovo Fruit Company in 1913, recognized the need to offer volume purchasing to wholesale and chain distributors. Today, a fleet of Central Marketing Transport tractors and trailers, service all major growing areas to real and food service customers in the mid-west. CMTS offers refrigerated, dry goods, expedited, flatbed, LTL, and intermodal services.

Investment Highlights

  • 18,140SF | Office & Shop Space | 13,140SF Shop Space & 5,000SF Office Space
  • Sale-Leaseback | 15-Year Lease a the Close of Escrow | 2% Annual Increases
  • One of Two Central Marketing Transport Services Locations | Second is Located in Strafford, Missouri
  • Edinburgh is Easily Accessed by US Highway 31 and Interstate 65 | US Highway (18,040 VPD); Interstate 65 (49,694VPD)
  • Three Miles Away from Indiana Premium Outlets | 70 Stores | Retailers Including Under Armour, Nike Factory, Polo Ralph Lauren, Michael Kors, Columbia Sportswear, and More
  • The Property is Also Three Miles from Camp Atterbury Military Base | 33 Miles South of Indianapolis

Exclusively Listed By

Miscellaneous

Central Marketing Transport Services

Listing Price: $2,665,000

Cap Rate
6.75%
Tenant Name
Central Marketing Transport Services
Gross SF
18,140
Guarantor
Corporate Guarantee
Rentable SF
18,140
Price/Gross SF
$146.91
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$9.92

Investment Highlights

  • 18,140SF | Office & Shop Space | 13,140SF Shop Space & 5,000SF Office Space
  • Sale-Leaseback | 15-Year Lease a the Close of Escrow | 2% Annual Increases
  • One of Two Central Marketing Transport Services Locations | Second is Located in Strafford, Missouri
  • Edinburgh is Easily Accessed by US Highway 31 and Interstate 65 | US Highway (18,040 VPD); Interstate 65 (49,694VPD)
  • Three Miles Away from Indiana Premium Outlets | 70 Stores | Retailers Including Under Armour, Nike Factory, Polo Ralph Lauren, Michael Kors, Columbia Sportswear, and More
  • The Property is Also Three Miles from Camp Atterbury Military Base | 33 Miles South of Indianapolis

Investment Overview

Marcus & Millichap is pleased to present the Central Marketing Transport Services Facility in Edinburgh, Indiana. The 18,140 square foot Central Marketing Transport Systems facility is positioned right off of US Highway 31, which has 18,000+ vehicles travel past the location each day. The building originally was car dealership, but has provided essential office, shop, and parking space for the trucking facility. At the close of escrow, there will be a 15-year lease with 2% annual increases. Located between Indianapolis and Louisville, Edinburgh, Indiana was the first settlement in Johnson County in 1820. Edinburgh is easily accessible from Interstate 65 (49,694VPD) and US 31 (18,040VPD). The town is recognized for the Indiana Premium Outlets Shopping Mall and Camp Atterbury military base. The Indiana Premium Outlets, three miles away from the location, features over 70 stores where customers can enjoy savings at well-known retailers including Under Armour, Nike Factory Store, Polo Ralph Lauren, Michael Kors, Columbia Sportswear, and more. Shoppers are attracted to the outlet-store concept of their favorite stores. Central Marketing Transport Services was introduced in 1970 after Mike Dinovo Sr., brother of Sam Dinovo Sr. who opened the Dinovo Fruit Company in 1913, recognized the need to offer volume purchasing to wholesale and chain distributors. Today, a fleet of Central Marketing Transport tractors and trailers, service all major growing areas to real and food service customers in the mid-west. CMTS offers refrigerated, dry goods, expedited, flatbed, LTL, and intermodal services.

Exclusively Listed By

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