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Shear Property Group Leases 130,582 SF Industrial Space At Victory Commerce Park In Indianapolis With BioPlus Specialty Pharmacy Services & Hellman Worldwide Logistics
LEASED
Indiana
See Similar DealsIndustrial130,582 SF
Leased 07/27/2023
LEASED
Shear Property Group Leases 130,582 SF Industrial Space At Victory Commerce Park In Indianapolis With BioPlus Specialty Pharmacy Services & Hellman Worldwide Logistics
4740 Victory Lane Indianapolis, Indiana 46203, Usa
See Similar DealsIndustrial130,582 SF
Leased 07/27/2023
Summary
INDIANA
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:130,582 SF
Transaction Type:Lease
The Shear Property Group has leased a property located at 4740 Victory Lane in Indianapolis. The property is an industrial building with a total area of 130,582 square feet. It features modern amenities such as a 36-foot clear height, a 135-foot truck court, 80 dock positions, and advanced sprinkler systems.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: Not mentioned
- Address: 4740 Victory Lane
- Market: Indianapolis
- Square Footage: 130,582
In this lease transaction, BioPlus Specialty Pharmacy Services LLC leased 47,891 square feet of space while Hellman Worldwide Logistics leased 82,691 square feet. Colliers represented Shear Property Group as the broker in this deal.
Details
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$7,484,881.44
Total Lease Value
$74,848,814.41
Net Landlord Cash Flow$7,484,881.44
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