Northstar Business Park

Industrial for Sale
Catylist Listing ID: 30704236
Property Subtypes: Free-Standing, Industrial-Business Park, Manufacturing, Warehouse/Distribution
Building Size (RSF): 146,575 SF
Gross Land Area: 21.12 Acres
Sale Price: $7,500,000
Unit Price: $51.17 PSF
Ceiling: 24 ft. / 19 ft. Clear
Docks/Doors: 13 Docks
Office SF: 40,558 SF
Drive In Bays: 3 Bays
Property Use Type: Vacant/Owner-User
Usable Size (USF): 146,575 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/17/2024

Overview / Comments

Attractive air-conditioned factory with a 106,017 SF manufacturing area, eight docks, eight levelers, five covered exterior docks and five exterior levelers. The offices on two floors have 40,558 SF with a 15,646 SF first floor main office, a 19,118 SF second floor main office, 2,897 SF in three separate first floor areas and 2,897 SF in three separate second floor areas.
A tenant leases 59,674 SF through June 30, 2025 with no renewal option.
This property is located in Clarksville, Indiana but has Sellersburg, Indiana water, sewer and drainage services as well as a Sellersburg, Indiana United States Postal Service address.

Additional Details

Nearest MSA: Louisville/Jefferson County
County: Clark
Taxing Authority: Town of Clarksville
Tax ID/APN: 10-26-08-700-195.000-040
Zoning: I-1
Property Located Between: Louisville and Sellersburg, Indiana
Highway Access: One mile from I-65.
Airports: Louisville International Airport; Clark County Airport; Bowman Field
Site Description: Level.
Area Description: Industrial.
Total Number of Buildings: 1
Number of Stories: 2
Property Condition: Good
Year Built: 1989
Year Renovated: 1991
Roof Type: Other
Construction/Siding: Concrete - Tilt up
Exterior Description: Tilt - Up Concrete
Parking Type: Surface
Parking Description: Paved and striped.
Total Parking Spaces: 253
Column Spacing: 50' x 50'; 25' x 50'
Freight Elevators: 1
Sprinklers: Wet
X-Phase: 3; 3
Heat Type: Natural Gas
Heat Source: Ceiling Units
Air Conditioning: Engineered System
Lighting: Fluorescent
Interior Description: Functional.
Zoning Description: I-1
Water Service: Municipal
Sewer Type: Municipal
Land Ownership: Fee Simple

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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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