Updated Sep 14, 2026
LEASEDIndustrial
Prime Beverage Group Leases 915,720-Square-Foot Industrial Facility In Fairland, Indiana
9201 Frontage Road
Building Size
915,720 SF
Asset Type
Industrial
Closing
Jun 30, 2026
About this deal
AI
Prime Beverage Group has secured a lease for an industrial facility located at 9201 Frontage Road in Fairland, Indiana. This facility spans 915,720 square feet and is part of the Velocity 74 Trade Center.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Lease Date: 06/30/2026
- Landlord: Browning Real Estate Partners
- Tenant: Prime Beverage Group
- Tenant's Representatives: Warren Snowdon - Foundry Commercial & Brian Zurawski - Colliers
- Landlord's Representatives: Jimmy Cohoat & Jason Speckman - Colliers
This lease marks Prime Beverage Group's expansion into the Indianapolis market, as they will establish a new beverage production plant at this location. The arrangement is anticipated to enhance supply chain efficiency and improve market access for the company.
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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