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6900 English Avenue

Dandy Leases 258336 Square Foot Industrial Facility From Lauth Group In Indianapolis
LEASEDIndustrial

Dandy Leases 258336 Square Foot Industrial Facility From Lauth Group In Indianapolis

6900 English Avenue

Building Size

258,336 SF

Asset Type

Industrial

Closing

Mar 25, 2026

AI

The property asset involved in this transaction is a newly constructed industrial facility located at 6900 English Avenue in Indianapolis, IN. The facility spans 258,336 square feet and is part of Thunderbird Commerce Center, a 185-acre manufacturing and logistics park developed by Lauth Group.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not specified
  • Address: 6900 English Avenue
  • Market: Indianapolis, IN
  • Landlord: Lauth Group
  • Tenant: Dandy

Dandy will be investing in an interior buildout within the leased space to facilitate production, fulfillment, and distribution operations. The company is expected to move into the facility in the second quarter and anticipates creating over 100 jobs, contributing to the local economy alongside other tenants such as Monarch Beverage and ABF Freight.

Players

Lauth Group
Lauth GroupLandlord
Dandy
DandyTenant

Indianapolis 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

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93