CBRE Facilitates $13.4M Sale Of 120K SF Industrial Warehouse In Greenfield, Indiana
4308 West 300 North Greenfield, Indiana 46140, USA
$13,400,000
$111/SF
Building Size
120,336 SF
Asset Type
Industrial
Closing
Aug 31, 2023
AI
A California-based buyer purchased a 120,336 sq. ft. build-to-suit warehouse located at 4308 West 300 North in Greenfield, Indiana. The property, which was built in 2021, features 30-ft clear height and 22 dock doors. It was sold by Ambrose Property Group for a sale price of $13,400,000.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $13,400,000
- Square Footage: 120,336 sq. ft.
- Address: 4308 West 300 North, Greenfield, Indiana
- Market: Greenfield, Indiana
The sale of this industrial property was facilitated by CBRE, with Kevin Foley, Jared Scaringe, Gary Stache, Chris Martin, and Bill Maher serving as the brokers. The buyer, who engaged in a 1031 exchange, was U.S. AutoForce. The transaction occurred in August 2023.
Players
Greenfield Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.18%
Cash-on-Cash
-0.34%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93