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221 Raymond St
Hope, IN 47246

$2,700,000 USD

Industrial For Sale  •  24,000 SF

Property Details

  • Property Type Industrial
  • Total Building Size 24,000 SF
  • Lot Size 5.99 AC
  • Year Built 1998
  • Cap Rate 7.07 %
  • Tenancy Single
  • Zoning Industrial
20 Walk Score

Highlights

• 24,000 SF industrial flex facility on 5.98 acres with expansion potential
• Single-tenant investment offering a 7.0% cap rate and $191,128 NOI
• Located in Hope Industrial Park near Columbus, IN with excellent Midwest logistics access

Property Flyers

Cap Rate: 7.07 %

Major Tenants

Tenant SF Occupied Lease End Date
Micronics Engineered Filtration 11/18/2029

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 48
Type: Surface
Included in Rent: Yes
Brian Russell 812-378-1950 RDC Commercial Real Estate
Brian Russell 812-378-1950 RDC Commercial Real Estate