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JOJOSHUSHUA DA D. ABRAMS. ABRAMSSenior AssociateOO 317.663.6541CC 317.496.0202joshua.abrams@rcre.com
MITMITCH DONERCH DONERAssociateOO 317.663.6545CC 317.517.4555mitch.doner@rcre.com
#growIndianaIndiana
SSALE PRICEALE PRICE
$1,250,000
BUILDING SFBUILDING SF
68,778 SF
AACREACREAGEGE
5.65 ACRES
Now available for sale: Industrial/manufacturing complex thatfeatures (4) improvements totaling 68,778 ± SF of industrial,manufacturing, warehouse, and office space. Located just Eastof Massachusetts Avenue & North Sherman Drive, thisindustrial/manufacturing complex offers terrific visibility andeasy access to I-70 via North Rural Street and North EmersonAvenue. Furthermore, this complex is less than three miles (andless than ten minutes) away from Indianapolis' downtownCentral Business District.
INDUSINDUSTRIAL FTRIAL FAACILITY & DEVELCILITY & DEVELOPMENT GROUND WITH HIGH VISIBILITYOPMENT GROUND WITH HIGH VISIBILITY
FORMER INTERSFORMER INTERSTTAATE CATE CASSTINGS FOUNDRTINGS FOUNDRY FY FAACILITYCILITY
3823 MASSACHUSETTS AVENUE, INDIANAPOLIS, IN 46218-3833
SSALEALE INDUSINDUSTRIALTRIAL MANUFMANUFAACTURINGCTURING
rcre.com
$995,000
#growIndianaIndiana
The information contained herein was obtained from sources we consider reliable. We cannot be responsible for errors,omissions, prior sale or lease, withdrawal from the market or change in price. Seller and broker make no representationas to the environmental condition of the property and recommend the lessee’s/purchaser’s independent investigation.
9339 Priority Way West DriveSuite 120Indianapolis, IN 46240317.663.6000
PROPERTY HIGHLIGHTPROPERTY HIGHLIGHTSS• 53,818 ± SF of industrial/manufacturing space, 7,560 ± SF of industrial/warehouse space, and 7,400 ± SF of
office space
• 5.65 Acres in total (Among (2) parcels)
• Zoned I-4
• Nearly 1,300 ± feet of frontage (1,127 ± feet on Massachusetts Avenue and 145 ± feet on North Sherman Drive)
• (14) Overhead doors (Mixture of grade level (11) and dock height (3) doors; automatic, roll-up, and sliding)
• Ceiling heights vary from 11' 6" to 36' 9" in main foundry facility building, 7' 7" to 27' 6" in the pole barn, 7' 3" to15' 6" in the industrial/office building, and 8' to 10' in the office building
• Heavy-duty 3-phase electrical service
• CSX rail service immediately adjacent to property
• Boundary fenced in its entirety
• Indianapolis Power & Light Interstate Foundry substation located on-site
• Located at signaled intersection (Massachusetts Avenue & North Sherman Drive)
• Corner parcel can be sold separately (0.55 ± Acres)
• Wonderful owner-user or investment opportunity!
INDUSINDUSTRIALTRIALSSALEALEEXECUTIVE SUMMARY
FORMER INTERSFORMER INTERSTTAATE CATE CASSTINGS FOUNDRTINGS FOUNDRY FY FAACILITYCILITY3823 MASSACHUSETTS AVENUE, INDIANAPOLIS, IN 46218-3833
4. Overhead Door – South (Dock Height, Manual): 10’ Wide x 10’ Tall
3. Overhead Door – East (Grade Level, Automatic): 10’ Wide x 12’ Tall
2. Overhead Door – North (Grade Level, Manual): 12’ Wide x 14’ Tall
5. Overhead Door – West (Grade Level, Automatic): 10’ Wide x 10’ Tall
1. Overhead Door – West (Grade Level, Automatic): 10’ Wide x 12’ Tall
6. Overhead Door – South (Grade Level, Automatic):
17’ Wide x 22’ 9” Tall
7. Overhead Door – East (Dock Height, Automatic):
12’ Wide x 12’ Tall
8. Overhead Door – East (Grade Level, Automatic):
17’ Wide x 22’ 9” Tall
9. Overhead Door – South (Grade Level, Manual):
10’ Wide x 10’ Tall
10. Sliding Overhead Door – South (Grade Level, Manual): 9’ 5” Wide x 8’ 10” Tall
11. Sliding Overhead Door – South (Grade Level, Manual): 19’ Wide x 13’ 3” Tall
12. Overhead Door – South (Grade Level, Automatic): 8’ Wide x 12” Tall
13. Overhead Door – East (Dock Height, Automatic): 7” Wide x 10’ Tall
14. Overhead Door – South (Grade Level, Manual): 8’ Wide x 8’ Tall
2
1
3
4 5
6 78
1413
12
11
109
CONTINUEDBELOW
INDUSINDUSTRIALTRIALSSALEALEOVERHEAD DOORS
#growIndianaIndiana
The information contained herein was obtained from sources we consider reliable. We cannot be responsible for errors,omissions, prior sale or lease, withdrawal from the market or change in price. Seller and broker make no representationas to the environmental condition of the property and recommend the lessee’s/purchaser’s independent investigation.
9339 Priority Way West DriveSuite 120Indianapolis, IN 46240317.663.6000
#growIndianaIndiana
The information contained herein was obtained from sources we consider reliable. We cannot be responsible for errors,omissions, prior sale or lease, withdrawal from the market or change in price. Seller and broker make no representationas to the environmental condition of the property and recommend the lessee’s/purchaser’s independent investigation.
9339 Priority Way West DriveSuite 120Indianapolis, IN 46240317.663.6000
INDUSINDUSTRIALTRIALSSALEALEADDITIONAL PHOTOS
FORMER INTERSFORMER INTERSTTAATE CATE CASSTINGS FOUNDRTINGS FOUNDRY FY FAACILITYCILITY3823 MASSACHUSETTS AVENUE, INDIANAPOLIS, IN 46218-3833
#growIndianaIndiana
The information contained herein was obtained from sources we consider reliable. We cannot be responsible for errors,omissions, prior sale or lease, withdrawal from the market or change in price. Seller and broker make no representationas to the environmental condition of the property and recommend the lessee’s/purchaser’s independent investigation.
9339 Priority Way West DriveSuite 120Indianapolis, IN 46240317.663.6000
INDUSINDUSTRIALTRIALSSALEALEADDITIONAL PHOTOS
FORMER INTERSFORMER INTERSTTAATE CATE CASSTINGS FOUNDRTINGS FOUNDRY FY FAACILITYCILITY3823 MASSACHUSETTS AVENUE, INDIANAPOLIS, IN 46218-3833
#growIndianaIndiana
The information contained herein was obtained from sources we consider reliable. We cannot be responsible for errors,omissions, prior sale or lease, withdrawal from the market or change in price. Seller and broker make no representationas to the environmental condition of the property and recommend the lessee’s/purchaser’s independent investigation.
9339 Priority Way West DriveSuite 120Indianapolis, IN 46240317.663.6000
INDUSINDUSTRIALTRIALSSALEALESITE PLAN
FORMER INTERSFORMER INTERSTTAATE CATE CASSTINGS FOUNDRTINGS FOUNDRY FY FAACILITYCILITY3823 MASSACHUSETTS AVENUE, INDIANAPOLIS, IN 46218-3833
#growIndianaIndiana
The information contained herein was obtained from sources we consider reliable. We cannot be responsible for errors,omissions, prior sale or lease, withdrawal from the market or change in price. Seller and broker make no representationas to the environmental condition of the property and recommend the lessee’s/purchaser’s independent investigation.
9339 Priority Way West DriveSuite 120Indianapolis, IN 46240317.663.6000
LLOCAOCATION OTION OVERVERVIEWVIEW
Located just East of the signaled intersection at MassachusettsAvenue & North Sherman Drive, this industrial/manufacturingcomplex offers terrific visibility and easy access to I-70 via NorthRural Street and North Emerson Avenue. Furthermore, this complexis less than three miles (and less than ten minutes) away fromIndianapolis' downtown Central Business District.
INDUSINDUSTRIALTRIALSSALEALELOCATION MAPS
FORMER INTERSFORMER INTERSTTAATE CATE CASSTINGS FOUNDRTINGS FOUNDRY FY FAACILITYCILITY3823 MASSACHUSETTS AVENUE, INDIANAPOLIS, IN 46218-3833
#growIndianaIndiana
The information contained herein was obtained from sources we consider reliable. We cannot be responsible for errors,omissions, prior sale or lease, withdrawal from the market or change in price. Seller and broker make no representationas to the environmental condition of the property and recommend the lessee’s/purchaser’s independent investigation.
9339 Priority Way West DriveSuite 120Indianapolis, IN 46240317.663.6000
INDUSINDUSTRIALTRIALSSALEALERETAILER MAP
FORMER INTERSFORMER INTERSTTAATE CATE CASSTINGS FOUNDRTINGS FOUNDRY FY FAACILITYCILITY3823 MASSACHUSETTS AVENUE, INDIANAPOLIS, IN 46218-3833
#growIndianaIndiana
The information contained herein was obtained from sources we consider reliable. We cannot be responsible for errors,omissions, prior sale or lease, withdrawal from the market or change in price. Seller and broker make no representationas to the environmental condition of the property and recommend the lessee’s/purchaser’s independent investigation.
9339 Priority Way West DriveSuite 120Indianapolis, IN 46240317.663.6000
POPULAPOPULATIONTION 1 MILE1 MILE 3 MILES3 MILES 5 MILES5 MILES
Total population 10,850 104,674 268,478
Median age 32.9 35.6 35.4
Median age (Male) 30.2 32.8 33.7
Median age (Female) 35.0 38.2 37.1
HOUSEHOLDHOUSEHOLDS & INCS & INCOMEOME 1 MILE1 MILE 3 MILES3 MILES 5 MILES5 MILES
Total households 3,912 42,017 112,249
# of persons per HH 2.8 2.5 2.4
Average HH income $31,339 $39,366 $47,680
Average house value $68,829 $90,327 $123,031
* Demographic data derived from 2010 US Census
INDUSINDUSTRIALTRIALSSALEALEDEMOGRAPHICS MAP & REPORT
FORMER INTERSFORMER INTERSTTAATE CATE CASSTINGS FOUNDRTINGS FOUNDRY FY FAACILITYCILITY3823 MASSACHUSETTS AVENUE, INDIANAPOLIS, IN 46218-3833
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