415 N. Indiana Ave.

For Lease

415 N. Indiana Ave., Auburn, IN 46706

415 N. Indiana Ave. currently offers 1 industrial space(s) for rent. The property type is designated as industrial. Use types among leasing opportunities at this property include manufacturing. The minimum space size listed is 33,622 square feet. Lease type options include NNN. Expand the individual listing section(s) below or reach out to the property representative(s) for additional information on leasing opportunities at 415 N. Indiana Ave..

Space Available For Lease 1

Contacts

broker

John Adams

The Zacher Company

Property Details

  • Property Type Industrial - Warehouse/Distribution
  • Property Size 33,622 SF
  • Lot Size 1.81 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Multi-Tenant
  • Year Built 1930
  • Date Updated Oct 23, 2024
  • Dock High Doors 2
  • Grade Level Doors 1
  • Office Area 2,500 SF
  • Fire Sprinklers Wet
  • HVAC None
The Out of Allen County market in Auburn, IN, offers a compelling opportunity for industrial, warehouse, and distribution investors and tenants. Conveniently situated near major transportation routes, including the nearby I-69 corridor, the area provides seamless access to regional and national markets. The Auburn Industrial Park, located in close proximity, underlines the location's industrial strength and connectivity. The region benefits from a skilled labor force and a business-friendly environment, making it a conducive setting for operational efficiency and expansion. Additionally, the area features a variety of local amenities, including dining options and retail centers, providing a well-rounded environment for employees and visitors. With its strategic positioning and supportive infrastructure, the Out of Allen County market in Auburn presents an attractive prospect for industrial, warehouse, and distribution investors and tenants seeking a dynamic and well-connected location.FOR SALE: Industrial Property Welcome to 415 N. Indiana Ave., Auburn, IN 46706. This impressive 33,622 sq. ft. manufacturing building is now available for purchase. With fully leased spaces to three tenants, this property offers a lucrative income opportunity with a gross rental income of $87,600 per year. Recently updated electric panels and distribution ensure the seamless functionality of the building, while renovated office spaces provide a comfortable and professional atmosphere for tenants. The property boasts two loading docks with edge levelers, allowing for efficient loading and unloading operations. Priced at $849,000, this property offers a cap rate of 8.1%, making it an enticing investment opportunity. The building features a well-maintained interior with spacious manufacturing and office areas. Situated on a 1.81-acre lot, the property offers ample parking space for tenants and visitors. Conveniently located near major roadways, including SR 8 and just one mile from I-69, this property provides easy accessibility and transportation options. Don't miss out on this incredible investment opportunity.FOR LEASE: Industrial Property Welcome to 415 N. Indiana Ave., Auburn, IN 46706. This impressive 33,622 sq. ft. manufacturing building is now available for purchase. With fully leased spaces to three tenants, this property offers a lucrative income opportunity with a gross rental income of $87,600 per year. Recently updated electric panels and distribution ensure the seamless functionality of the building, while renovated office spaces provide a comfortable and professional atmosphere for tenants. The property boasts two loading docks with edge levelers, allowing for efficient loading and unloading operations. Priced at $849,000, this property offers a cap rate of 9.2%, making it an enticing investment opportunity. The building features a well-maintained interior with spacious manufacturing and office areas. Situated on a 1.81-acre lot, the property offers ample parking space for tenants and visitors. Conveniently located near major roadways, including SR 8 and just one mile from I-69, this property provides easy accessibility and transportation options. Don't miss out on this incredible investment opportunity.

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Highlights

  • Recently updated electric panels & distribution
  • New roof on the production section of building
  • Two loading docks - 8' x 8' with edge levelers
  • One 12' x 12' drive-in door
  • Rental Rate: ($4.00/sf/yr NNN ($8,666.67/month) for 26,000 SF
  • Sale Price $849,000
  • Lease Rate : $4.00/SF/y (NNN)

Attachments

Getting around

  • 71/100

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  • 53/100

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Location

  • City Auburn, IN
  • Zip Code 46706
  • Market Fort Wayne

Points of Interest

  • Waterloo

    4.76 miles

  • Speedway

    0.56 miles

  • Kroger

    0.61 miles

  • Lassus Handy Dandy

    0.77 miles

  • Marathon

    0.79 miles

  • Citgo

    1.18 miles

  • Happy Time Grab N Go

    1.24 miles

  • BP

    4.89 miles

  • Casey's

    4.92 miles

  • Super Wash

    5.03 miles

  • Mad Anthony Brewing Company

    0.35 miles

  • Bo Doogie's BBQ

    0.53 miles

  • Little Caesars

    0.56 miles

  • Subway

    0.63 miles

  • DQ Grill & Chill

    0.64 miles

  • Peking Buffet

    0.66 miles

  • KFC

    0.71 miles

  • Jimmy John's

    0.72 miles

  • Burger King

    0.74 miles

  • McDonald's

    0.78 miles

415 N. Indiana Ave. Listing Brief

  • The rental rate for available space here starts at $4.00. The asking price for this type of property can vary based on the location of the asset, as proximity to transportation hubs, access to highways or ports plays a key role in the building's valuation. Other factors that influence cost are the property age, its quality rating (building class or property class), as well as its on-site facilities and features.

  • Completed in 1930, the property at 415 N. Indiana Ave. incorporates 33,622 square feet. It is available for lease as Multi-Tenant space.

    A single-tenant industrial space is typically ideal for businesses or organizations that require exclusive and dedicated use of the entire facility. This type of space suits industries or activities that demand specialized infrastructure, privacy, and control over the entire premises.

  • The property features 3 loading dock doors, ensuring that the loading and unloading of cargo in and out of the facility is both efficient and safe.

    Of these, 1 are grade level loading docks doors. These are especially useful for handling large or bulky items, as they do not require a ramp or dock leveler for loading and unloading.

  • Reach out to listing brokers or property representatives using the contact form available on this page, to find out more about climate control and other essential systems at this property. Climate control is typically used in industrial buildings where businesses store items that are susceptible to temperature and humidity damage, such as food, pharmaceuticals, paper, textiles, and electronics.

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

John Adams

The Zacher Company

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  2. 2Extra information