225 W Morgan Avenue

Industrial for Sale
Catylist Listing ID: 30026359
Property Subtypes: Food Processing, Manufacturing, Net Leased, Warehouse/Distribution, Other
Building Size (RSF): 375,000 SF
Gross Building Area: See Agent
Gross Land Area: 9.32 Acres
Sale Price: $10,000,000
Unit Price: $26.67 PSF
Ceiling: 18 ft.
Docks/Doors: 19 Docks
Office SF: 9,300 SF
Property Use Type: Net Leased Investment (NNN), Investment
Sale Terms: Cash to Seller
Cap Rate: 7.66%
Average Occupancy Rate: 100
Last Updated: 7/6/2018

Overview / Comments

See Offering Memorandum for more information.

Additional Details

Nearest MSA: Evansville
County: Vanderburgh
Tax ID/APN: 820617027072010029
Zoning: M-2
Property Located Between: On Morgan Avenue between First Avenue and Heidelbach Avenue
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 3
Typical SF / Floor: 125,000 SF
Year Built: 1932
Year Renovated: 2010
Roof Type: Flat
Construction/Siding: Steel Frame
Parking Type: Surface
Total Parking Spaces: 413
Freight Elevators: 1
Overhead Cranes: Undisclosed
Sprinklers: Dry
Amps: 1,200
Heat Source: Central
Air Conditioning: Other
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,112 82,560 141,828
Median Age: 37.89 37.31 37.85
Households: 6,519 34,322 60,590
The information presented herein is provided as is, without warranty of any kind. Neither Commercial Property Information Exchange (CPIX) nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.