HIGHLIGHTS * Rental Income | $223,000 * Expenses | $30,000 * NOI | $193,000 * CAP Rate | 11.4%
This is an industrial portfolio consisting of 5 buildings.
2 in Kendallville - previous use of property was by Dekko Extrusion Technologies for manufacturing. The buildings are clean and have been well maintained.
2 in Butler - previous use of property was by Dekko Custom Lights for manufacturing. The buildings are heated warehouses, pre-engineered steel construction, in good condition.
1 in Rome City - versatile site; ideal smaller industrial building, along with extra land for trailer parking or development.
Kendallville, Indiana: located north of Fort Wayne, in the Dekko Industrial Park. It has frontage on US Hwy 6, just minutes from State Road 3/Lima Rd.
Butler, Indiana: located northeast of Fort Wayne, just off US Hwy 6, 15 miles east of Interstate 69 and minutes from Ohio.
Rome City, Indiana: located north of Fort Wayne, in Noble County - Parking description: Includes limited trailer parking - Number of buildings: 5 - Building condition: Good - Tenancy: Multiple Tenants
|Group Dekko Kendallville Warehouse|
|50 Mb/s: Indiana Fiber Network, LLC|
Median rate is a number derived from the median rate of listings posted on 42floors and reports from thought leaders in the area.