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9201 Frontage Road

Prime Beverage Group Leases 915,720 Square Foot Industrial Facility From Browning Investments In Fairland Indiana
LEASEDIndustrial

Prime Beverage Group Leases 915,720 Square Foot Industrial Facility From Browning Investments In Fairland Indiana

9201 Frontage Road

Building Size

915,720 SF

Asset Type

Industrial

Closing

Jul 28, 2026

AI

The asset involved in this transaction is a full-building lease for an industrial property located at 9201 Frontage Road in Fairland, Indiana. The facility spans 915,720 square feet and is part of the Velocity 74 Trade Center, developed by Browning Investments.

Summary of transaction details:

The leasing arrangement involved Colliers, which facilitated the transaction for the landlord Browning Investments. Colliers' representatives Jimmy Cohoat and Jason Speckman were instrumental in representing the landlord. Meanwhile, Warren Snowdon of Foundry Commercial and Brian Zurawski from Colliers represented the tenant, Prime Beverage Group.

Players

Jason Speckman

Colliers

Broker

4 deals

Broker
Prime Beverage Group
Prime Beverage GroupTenant

North 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