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
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