Single-Tenant Frito-Lays Distribution Warehouse: Tenant recently extended their lease for 10 years in 2023 |
Large 2.5+ Acre Parcel: The oversized parcel sits adjacent to an additional 3.15-acre parcel that is not included in sale but available for sale |
Below Market Replaceable Rent: Annual rent of $7.07 per sq ft is below market providing future upside to increase or replace rent at a higher rate |
Strategic Last Mile Location: Located adjacent to the Terre Haute Airport & serves the entire Terre Haute & Wabash Valley MSA (roughly 200,000 ppl) |
Terre Haute is the County Seat of Vigo County and One of the Largest Cities in the Wabash Valley MSA with a Population in Excess of 60,000 People |
Located roughly 70 miles west of Downtown Indianapolis, IN, the capitol, and largest city in Indiana |