Merritt St 182
Property Description

Renovated in 2008, this 125,614 SF warehouse/distribution facility offers 83,614 SF available for lease. The building is pre-fabricated steel construction featuring 26’ clear center height, 4 enclosed docks with dock locks and levelers, 4-14’x14’ overhead doors, 1500 Amp with 4-400-Amp subpanels, 480 Volt, 3-Phase electric service, and 6" minimum steel reinforced floor. The warehouse has high efficiency lighting and column spacing is 60’x25’. The building is wet sprinkled by a 0.22 GPM/2, 100 SF system and served by municipal utilities.

There is a 30,000 SF truck parking area on a nearby lot. The building also offers 2 private offices, reception area, conference room, break room and 2 sets of men’s and women’s restrooms each. In addition to base rent tenant pays utilities, janitorial, trash removal, snow and lawn services, real estate taxes and insurance.

To learn more, please contact:

George Cressy, CCIM                      Roy Roelke

Chief Executive Officer                    Director Municipal Development

574.485.1515                                    574.485.1537                                                                  

 182 East Merritt St

Rensselaer, Indiana

Building Size:                   125,614 SF

Available for Lease: 51,614/Divisible

Land:                                      3.46 Acres

Year Built:     1968 (renovated 2008)

Zoned:                         Light Industrial

Clearance:                                 14'-26''

 

Docks/OH Doors:                                4

Annual Taxes:   $11,093('10 pay '11)

Lease Rate:                $2.65 PSF NNN

Property Location

Located in an well-established industrial park, the property is one block north of the Elkhart Municipal Airport located on County Road 6 with approximately 120 flights daily. The airport has one 6,500-foot east/west runway and one 4,000-foot north/south runway that service the many corporate jets and private commercial airplanes. Vehicle traffic for both trucks and passenger cars is excellent with access to the Indiana 80/90 Toll Road and several major county roads from the subject property. The site is generally level with some slightly rolling terrain and is heavily landscaped in a Japanese-style garden at the rear of the building with a walking path, dry creek bed, and natural woods providing a panoramic view from the executive conference room and offices located on the west end of the building.

Property Location

Rensselaer is located in northwest Indiana approximately 100 miles south of Chicago, Illinois and 100 north of Indianapolis, Indiana with easy access to I-65, the nation’s fastest growing freight corridor, and two state highways 114 and 231. Rensselaer offers low taxes, tax abatement program, TIF districts, EDC financing packages and a quality labor force at affordable scales with good work ethics.

Map