Vacant-User
Vermillion Rise 50,000 SF Industrial Building
222 W Broadway, Hillsdale, IN 47854
Listing Price: $3,600,000
Investment Overview
Marcus and Millichap is pleased to exclusively represent for sale 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 SF 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. 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.
Vermillion Rise 50,000 SF Industrial Building
Investment Highlights
- Prime Opportunity to own a New Shell Condition Industrial Building Suitable for Distribution or Manufacturing | Potential for Food Grade Production.
- 50,000 SF Class A Building | Precast Concrete Construction | Expandable up to 200,000 SF in Multiple Configurations | Sloped Deck Roof with TPO Membrane | Situated on 9 AC with up to 30 AC Available
- Located Within a TIF District: Unique Development Incentives, Including Property Tax Abatement & Tax Increment Financing Available
- (3) Docks in Place-Provisioned Additional Docks | 1 Drive In (14'x18' OHD) | Complete to Grey Shell | Fully Prepped to Receive an Industrial-Grade Concrete Floor | Site Fully Completed, Including Sidewalks, Asphalt Parking, Landscaping and Truck Aprons
- Vermillion Rise Industrial Park (7,000 Acres) Located Between IN SR 63 (10,066 VPD) and IN SR 71 (1,338 Vehicles per Day) | 2 Miles from IN-IL State Border
- Join Scott Pet Products, Preferred Tire Recycling, and Newport Pallet Company at Vermillion Rise Mega Park. Public & Private Regional Companies in the Trade Area Include Amazon, Elanco (Eli Lilly), GE Aviation, International Paper, Amcor, Great Dane, ADVICS, Taghleef, Hearthside Food Solutions, Duke Energy's Cayuga Generating Station, Entek, White Construction Inc. & Others
- IN Business Climate: #1 Manufacturing State in the Nation | #1 Cost of Doing Business | #2 Best State for Business in the Midwest | #2 Best State to Start a Business | Terre Haute, IN MSA (Population: 185,031) | Indianapolis, Indiana MSA (Population: 2,111,040 ; Rank: 33rd)
- Indiana State University (Enrollment: 7,660) DePauw University (1,660); Rose-Hulman Institute of Technology (1,990); IU Indianapolis (27,690); Indiana University (45,328); Purdue University (49,639); University of Illinois (56,299); Ivy Tech (63,809)
Exclusively Listed By
Financing By
Listing Price: $3,600,000
Investment Highlights
- Prime Opportunity to own a New Shell Condition Industrial Building Suitable for Distribution or Manufacturing | Potential for Food Grade Production.
- 50,000 SF Class A Building | Precast Concrete Construction | Expandable up to 200,000 SF in Multiple Configurations | Sloped Deck Roof with TPO Membrane | Situated on 9 AC with up to 30 AC Available
- Located Within a TIF District: Unique Development Incentives, Including Property Tax Abatement & Tax Increment Financing Available
- (3) Docks in Place-Provisioned Additional Docks | 1 Drive In (14'x18' OHD) | Complete to Grey Shell | Fully Prepped to Receive an Industrial-Grade Concrete Floor | Site Fully Completed, Including Sidewalks, Asphalt Parking, Landscaping and Truck Aprons
- Vermillion Rise Industrial Park (7,000 Acres) Located Between IN SR 63 (10,066 VPD) and IN SR 71 (1,338 Vehicles per Day) | 2 Miles from IN-IL State Border
- Join Scott Pet Products, Preferred Tire Recycling, and Newport Pallet Company at Vermillion Rise Mega Park. Public & Private Regional Companies in the Trade Area Include Amazon, Elanco (Eli Lilly), GE Aviation, International Paper, Amcor, Great Dane, ADVICS, Taghleef, Hearthside Food Solutions, Duke Energy's Cayuga Generating Station, Entek, White Construction Inc. & Others
- IN Business Climate: #1 Manufacturing State in the Nation | #1 Cost of Doing Business | #2 Best State for Business in the Midwest | #2 Best State to Start a Business | Terre Haute, IN MSA (Population: 185,031) | Indianapolis, Indiana MSA (Population: 2,111,040 ; Rank: 33rd)
- Indiana State University (Enrollment: 7,660) DePauw University (1,660); Rose-Hulman Institute of Technology (1,990); IU Indianapolis (27,690); Indiana University (45,328); Purdue University (49,639); University of Illinois (56,299); Ivy Tech (63,809)
Investment Overview
Marcus and Millichap is pleased to exclusively represent for sale 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 SF 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. 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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