Multi-Tenant Industrial Property with Interstate Visibility Listing Details & Market Data

Located directly off of Highway I-465 with excellent interstate visibility.SVN | Northern Commercial presents a prime multi-tenant industrial opportunity, located at 7522 Pendleton Pike, Indianapolis, IN. The property is leased in majority by Mill Supplies, Inc, a wholly-owned subsidiary of Bostwick-Braun. Bostwick-Braun is one of the oldest and largest wholesale distributors in the Midwest, and is a 160-year old, $145M+ revenue/year company. Mill Supplies, Inc. originally built the property in 1995, and has occupied it ever since. Tenant Mix: Mill Supplies, Inc. occupies 17,655 SF, and Honest Abe’s Heating and Cooling LLC occupies 7,516 SF. Location: Property is located directly off of Highway I-465 and within the Fort Ben industrial submarket. The property has excellent interstate visibility from Highway I- 465, a 170,000 VPD thoroughfare and Indianapolis' primary highway system. The Fort Ben submarket is a well-performing industrial hub within the overall Indianapolis market. Recent Capital Improvements: The entire roof was replaced +/- 9 years ago and the parking lot was re-surfaced in 2021. The property had all new HVAC units installed in 2021. Property is in excellent condition and has been very well maintained throughout the duration of its ownership.27,821 multi-tenant flex industrial building with 2,650 SF of office space available for lease (Suite 200). Property is also being offered for sale (see separate link to sale page).