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
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.
Players
Whitestown Industrial Market Snapshot
Boundary boundary · Industrial · Lease transactions
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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