Northstar Business Park

Industrial for Lease
Catylist Listing ID: 30791823
Property Subtypes: Warehouse/Distribution
Contiguous Space: 146,575 SF
Building Size (RSF): 146,575 SF
Gross Land Area: 21.12 Acres
Lease Rate: $4 PSF (Annual)
Base Monthly Rent: $48,858
Lease Types: NNN
Ceiling: 19 ft.
Docks/Doors: 13 Docks
Office SF: 40,558 SF
Drive In Bays: 3 Bays
Building Name: Northstar Business Park
Usable Size (USF): 146,575 SF
Last Updated: 7/12/2024

Overview / Comments

The first floor has a 106,017 SF manufacturing area, a 15,646 SF main office and 2,897 SF in three separate shop offices and restrooms. The second floor has a 19,118 SF main office and 2,897 SF in three separate shop offices. A tenant lease 59,674 SF through June 30, 2025 with no renewal option.
An area with 55,413 SF, six docks, three drive - in doors and a 4,400 SF office is currently for lease.
The listing price was recently reduced from $5.50/SF, gross, to $4.00/SF, NNN, with $1.43/SF for taxes, insurance and maintenance.
This property has excellent tractor trailer access to I-65, Louisville and Indianapolis.

Expand All Available Space

Suite: 1 146,575 SF $4 PSF (Annual) NNN
Space Available: 146,575 SF
Lease Rate: $4 PSF (Annual)
$48,858 (Monthly)
Lease Type: NNN
Space Description: Office, manufacturing and warehouse.
Space Subcategory: Warehouse/Distribution, Industrial-Business Park
Date Available: 7/1/2023
Lease Term: 60 Months
Space Type: Relet
Conference Rooms: 4
Offices 30
Parking Spaces 253
Tax Expenses $0.97 PSF (Annual)
Operating Expenses $0.13 PSF (Annual)
CAM Expenses $0.33 PSF (Annual)
Rent Escalators Step-Up Lease
Ceiling 19 ft.
Loading Docks 13
Drive In Bays 3
Office Space 40,558 SF

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Clark
Submarket/Township: Silver Creek
Submarket Type: Suburban
Taxing Authority: Town Of Clarksville
Tax ID/APN: 10-26-08-700-195.000-040
Zoning: I-1
Property Located Between: Louisville and Indianapolis
Highway Access: One mile from I-65.
Airports: Louisville International Airport; Clark County Airport; Bowman Field
Site Description: Level.
Area Description: Industrial.
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 2
Property Condition: Average
Year Built: 1988
Year Renovated: 1991
Roof Type: Other
Construction/Siding: Concrete - Tilt up, Metal Siding
Exterior Description: Tilt - up concrete and metal.
Parking Type: Surface
Parking Description: Paved and stroped.
Total Parking Spaces: 253
Column Spacing: 50' x 50'; 25' x 50'
Freight Elevators: 1
Sprinklers: Wet
Amps: 800
Volts: 480
X-Phase: 3
Heat Type: Natural Gas
Heat Source: Ceiling Units
Air Conditioning: Package Unit
Lighting: Fluorescent
Interior Description: Offices on two floors and a manufacturing/warehouse area.
Zoning Description: I-1
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,562 32,379 107,051
Median Age: 34.66 39.08 37.97
Households: 1,705 12,538 43,171

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