0 ConfidentialFort Wayne, IN 46825

For Sale
$70,000,000

Midwest Warehouse Redevelopment Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
91
This off-market portfolio comprises a substantial industrial warehouse investment opportunity located in Indiana, Kentucky, Michigan, Illinois, and Tennessee. The portfolio features a mix of Class B properties totaling between 1,000,000 and 2,000,000 square feet, currently operating at 50% occupancy. The asking price is $70,000,000, presenting a compelling 15% cap rate and pro-forma cap rate. The properties are situated on large land parcels and boast strong, established tenants. This redevelopment opportunity is ideal for investors seeking significant returns in the Midwest industrial market. The portfolio is currently off-market, and detailed information, including specific property addresses and tenant details, is available upon execution of a non-disclosure agreement. This offering is exclusively for principals. The primary location listed for this portfolio is Fort Wayne, Allen County, Indiana, zip code 46825. Further details regarding the specific locations of the properties within the portfolio will be provided under a non-disclosure agreement.

Highlights

  • Exclusive Midwest industrial portfolio offering; strong tenant roster.
  • Significant land holdings included.
  • Off-market opportunity; NDA required.
  • Principals only.

Property Details for 0 Confidential

Property type
Other warehouses, Other industrial properties
Square Feet
1,000,000 SF
Class
B

Location Insight

City
Fort Wayne
County
Allen
State
Indiana
Latitude
41.1474763
Longitude
-85.116815
Confidential, Fort Wayne, Indiana

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0 Confidential
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