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Net Lease

TRP Laboratories | Absolute Net Lease w/ 3.50% Annual Increases | Leader in Transportation Sciences

635 S Mapleton St, Columbus (Outside Indianapolis), IN 47201

Listing Price: $4,860,145

Cap Rate
6.75%
Gross SF
45,370
Price/Gross SF
$107.12
Lot Size
5.72 acres
Year Built
1981
Rentable SF
45,370

Investment Overview

Columbus, Indiana, is a thriving industrial and manufacturing hub known for its strong economy, skilled workforce, and strategic location. Recognized for its innovative business environment, Columbus offers an ideal setting for industrial, manufacturing, and commercial enterprises. With a rich history in engineering and production, the city is home to major corporations and a network of suppliers that support various industries.

Strategic Location & Transportation
Columbus is conveniently located along Interstate 65, providing direct access to Indianapolis, Louisville, and other key markets in the Midwest. The city’s well-developed transportation infrastructure includes major highways, rail access, and proximity to Indianapolis International Airport, one of the nation’s busiest cargo airports. These logistical advantages make Columbus an excellent choice for businesses requiring efficient distribution and supply chain management.

Skilled Workforce & Economic Growth
As a center for manufacturing and engineering, Columbus benefits from a highly skilled workforce, particularly in the automotive, industrial, and logistics sectors. The presence of Cummins Inc., a global leader in power solutions, has helped shape the city into an engineering and technology hub. Educational institutions, including Ivy Tech Community College and Purdue Polytechnic Institute, provide workforce training and technical education programs, ensuring a steady pipeline of qualified employees for local industries.

Infrastructure & Business Environment
Columbus boasts modern industrial infrastructure with reliable utilities, advanced telecommunications, and a strong power supply—essential for manufacturing and high-tech industries. Indiana’s business-friendly policies, including tax incentives, grants, and workforce development programs, further enhance the city’s appeal to companies looking to expand or relocate. The region’s lower cost of living and competitive operational costs make it an attractive alternative to larger metropolitan areas.

Community & Quality of Life
Columbus is known for its world-class architecture, vibrant arts scene, and numerous parks and recreational areas. The city’s commitment to sustainability and urban development makes it a great place to live and work. With a balance of industrial growth and quality of life, Columbus remains a prime location for business success.

Investment Highlights

  • 18+ Year Absolute Net Lease Featuring Above Market 3.5% Annual Rental Increases throughout the Initial Term and Options. Location Utilized as an Office, Warehouse, Research and Development Facility.
  • Positioned Along Area's Major Industrial and Manufacturing Corridor: Features Easy Access and Excellent Visibility near Indiana Route 46. In Close Proximity to Interstate 65.
  • Near Indiana Route 46 and I-65 - Offering Logistics Advantages and Access to a Skilled Workforce. It benefits from Commercial Activity, Diverse Customers, and Connectivity to Major Cities.
  • TRP Laboratories is a Leader in Transportation Sciences, Offering Comprehensive Testing Services for Powertrains, Components, and Vehicle Systems. The Company provides Engine Testing, Environmental Analysis, and Engineering Support.
  • Within a Key Industrial and Manufacturing Hub that Plays a Vital Role in the City's Economy. Known for its Strong Presence in Engineering, Logistics, and Production Industries, this Location is Home to several Well-Established Companies.
  • Columbus' thriving Manufacturing Sector supports Local and Global Businesses. Its Industrial Areas benefit from a Well-Connected Transportation Network, including Major Highways and Rail Lines, Ensuring Efficient Distribution and Logistics.
  • Minutes from Columbus Regional Health - a 225-Bed Hospital serving a 10-County Region, offering Emergency Care, Surgery, Cardiology, Oncology, Orthopedics, and Rehabilitation, with over 2,400 Staff and 225 Physicians Providing Comprehensive Medical Services.
  • In Close Proximity to Cummins Columbus Engine Plant - Cummins Inc. is a Global Leader in Power Solutions, specializing in Diesel and Alternative Fuel Engines, Power Generation, and Electrified Powertrain Systems.

Exclusively Listed By

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3184

    Email Alvin

    License(s): CA: 01391653, TX: 0606255

    San Diego Downtown

  • Jon Talia

    First Vice President Investments

    (858) 373-3186

    Email Jon

    License(s): CA: 02031343

    San Diego Downtown

Broker of Record

  • Josh Caruana

    First Vice President/District Manager

    (317) 218-5300

    License(s) IN: RB14034355

    Indiana

Financing By

Net Lease

TRP Laboratories | Absolute Net Lease w/ 3.50% Annual Increases | Leader in Transportation Sciences

Listing Price: $4,860,145

Cap Rate
6.75%
Gross SF
45,370
Price/Gross SF
$107.12
Lot Size
5.72 acres
Year Built
1981
Rentable SF
45,370

Investment Highlights

  • 18+ Year Absolute Net Lease Featuring Above Market 3.5% Annual Rental Increases throughout the Initial Term and Options. Location Utilized as an Office, Warehouse, Research and Development Facility.
  • Positioned Along Area's Major Industrial and Manufacturing Corridor: Features Easy Access and Excellent Visibility near Indiana Route 46. In Close Proximity to Interstate 65.
  • Near Indiana Route 46 and I-65 - Offering Logistics Advantages and Access to a Skilled Workforce. It benefits from Commercial Activity, Diverse Customers, and Connectivity to Major Cities.
  • TRP Laboratories is a Leader in Transportation Sciences, Offering Comprehensive Testing Services for Powertrains, Components, and Vehicle Systems. The Company provides Engine Testing, Environmental Analysis, and Engineering Support.
  • Within a Key Industrial and Manufacturing Hub that Plays a Vital Role in the City's Economy. Known for its Strong Presence in Engineering, Logistics, and Production Industries, this Location is Home to several Well-Established Companies.
  • Columbus' thriving Manufacturing Sector supports Local and Global Businesses. Its Industrial Areas benefit from a Well-Connected Transportation Network, including Major Highways and Rail Lines, Ensuring Efficient Distribution and Logistics.
  • Minutes from Columbus Regional Health - a 225-Bed Hospital serving a 10-County Region, offering Emergency Care, Surgery, Cardiology, Oncology, Orthopedics, and Rehabilitation, with over 2,400 Staff and 225 Physicians Providing Comprehensive Medical Services.
  • In Close Proximity to Cummins Columbus Engine Plant - Cummins Inc. is a Global Leader in Power Solutions, specializing in Diesel and Alternative Fuel Engines, Power Generation, and Electrified Powertrain Systems.

Investment Overview

Columbus, Indiana, is a thriving industrial and manufacturing hub known for its strong economy, skilled workforce, and strategic location. Recognized for its innovative business environment, Columbus offers an ideal setting for industrial, manufacturing, and commercial enterprises. With a rich history in engineering and production, the city is home to major corporations and a network of suppliers that support various industries. Strategic Location & Transportation Columbus is conveniently located along Interstate 65, providing direct access to Indianapolis, Louisville, and other key markets in the Midwest. The city’s well-developed transportation infrastructure includes major highways, rail access, and proximity to Indianapolis International Airport, one of the nation’s busiest cargo airports. These logistical advantages make Columbus an excellent choice for businesses requiring efficient distribution and supply chain management. Skilled Workforce & Economic Growth As a center for manufacturing and engineering, Columbus benefits from a highly skilled workforce, particularly in the automotive, industrial, and logistics sectors. The presence of Cummins Inc., a global leader in power solutions, has helped shape the city into an engineering and technology hub. Educational institutions, including Ivy Tech Community College and Purdue Polytechnic Institute, provide workforce training and technical education programs, ensuring a steady pipeline of qualified employees for local industries. Infrastructure & Business Environment Columbus boasts modern industrial infrastructure with reliable utilities, advanced telecommunications, and a strong power supply—essential for manufacturing and high-tech industries. Indiana’s business-friendly policies, including tax incentives, grants, and workforce development programs, further enhance the city’s appeal to companies looking to expand or relocate. The region’s lower cost of living and competitive operational costs make it an attractive alternative to larger metropolitan areas. Community & Quality of Life Columbus is known for its world-class architecture, vibrant arts scene, and numerous parks and recreational areas. The city’s commitment to sustainability and urban development makes it a great place to live and work. With a balance of industrial growth and quality of life, Columbus remains a prime location for business success.

Exclusively Listed By

  • Alvin N. Mansour

    Executive Managing Director Investments

    (858) 373-3184

    Email Alvin

    License(s): CA: 01391653, TX: 0606255

    San Diego Downtown

  • Jon Talia

    First Vice President Investments

    (858) 373-3186

    Email Jon

    License(s): CA: 02031343

    San Diego Downtown

Broker of Record

  • Josh Caruana

    First Vice President/District Manager

    (317) 218-5300

    License(s): IN: RB14034355

    Indiana

Financing By

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