Updated Oct 29, 2024
Omega Industrial Realty Acquires Industrial Property In Indianapolis, IN For $41.1M
1772 Gateway Point Clayton, IN 46118, USA
$41,100,000
$94/SF
Building Size
433,104 SF
Asset Type
Industrial
Closing
Jul 7, 2023
About this deal
AI
The industrial property located at 1772 Gateway Point in Indianapolis, IN has been recently sold. The transaction took place on 07/07/2023 for a total sale price of $41,100,000. The property has a total square footage of 433,104, resulting in a price per square foot of $95.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $41,100,000
- Address: 1772 Gateway Point, Indianapolis, IN
- Square Footage: 433,104
- Price Per Square Foot: $95
The buyer of the property is Omega Industrial Realty, while the seller is Core5 represented by Timothy Gunter. The deal was facilitated by the brokers Kevin Foley, Anthony DeLorenzo, and Andrew Morris from CBRE.
On the Map
$41,100,000
$94/SF
Industrial
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Players
Clayton Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.39%
Cash-on-Cash
-0.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93