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4255 S 500 E Whitestown, IN...

Updated Nov 27, 2024

Rockwell Automation Renews Lease For 369,449-Square-Foot Industrial Space At Anson 8A In Whitestown, Indiana
LEASEDIndustrial

Rockwell Automation Renews Lease For 369,449-Square-Foot Industrial Space At Anson 8A In Whitestown, Indiana

4255 S 500 E Whitestown, IN 46075, USA

$4

$4/SF

Building Size

369,449 SF

Asset Type

Industrial

Closing

Jul 3, 2023

About this deal

AI

Rockwell Automation has renewed its lease for a 369,449-square-foot industrial space at Anson 8A in Whitestown, Indiana. The property is located at 4255 South 500 East and is part of the AllPoints at Anson industrial park. The lease was negotiated by brokers Jimmy Cohoat and Jason Speckman from Colliers. The landlord of the property is CBRE Investment Management.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: Not specified
  • Asking Rent: $4.75/ft.
  • Square Footage: 369,449
  • Address: 4255 South 500 East, Whitestown, Indiana
  • Market: Whitestown, Indiana

Rockwell Automation's lease renewal at Anson 8A was facilitated by brokers Jimmy Cohoat and Jason Speckman from Colliers. The property was acquired by CBRE Investment Management in 2019. This lease renewal allows Rockwell Automation to continue utilizing the 369,449-square-foot industrial space for their operations in Whitestown, Indiana.

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$4

$4/SF

Industrial

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Players

Jason Speckman

Colliers

Broker

5 deals

Broker
CBRE
CBRELandlord

Whitestown Industrial Market Snapshot

Boundary boundary · Industrial · Lease transactions

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Deal FAQ

About $4 per square foot on a published $4 for 369,449 square feet (2023).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3965750.00%

Cash-on-Cash

-1133423.52%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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