Call for Offers! Approx. 650,000 sf Industrial on Approx. 29 Acres in Terre Haute, Indiana

Location: 1600 Beech Street, Terre Haute, IN, 47804

Call for Offers! Approx. 650,000 sf Industrial on Approx. 29 Acres in Terre Haute, Indiana

Asking Price: $1,300,000.00

Make An Offer

[close]

Description

CALL FOR OFFERS

New Asking Price: $1,300,000 (Reduced from $1,950,000)

Buyer’s Premium: 5%

Cooperating Broker’s Commission: 2% of Offer Price (before Buyer‘s Premium is added)

Lot Size: Approx. 29 Acres

15 Industrial Buildings

Total Buildings SF: Approx. 650,000

2019 Taxes: $106,903.54 (Total 28 PINS)

This property consists of approximately 29 acres zoned heavy industrial in Terre Haute, Indiana with fifteen (15)  industrial manufacturing buildings.  It  features heavy power; 12 drive in door docks; ceiling heights ranging from approximately 9’ – 23’; a large, adjacent parking lot; a parking lot across the street; several other vacant, adjacent lots; and nearby rail access.
This is an ideal site for building a logistics and distribution center literally at “the crossroads of America.” These    buildings have been well maintained and are  also well suited for continued manufacturing use. The current business is vacating the property due to the owner retiring and winding down the business.
Terre Haute Indiana is the Crossroads of America. US Highway 40, the old National Road which opened the west for settlement, and U. S. Highway 41, a major north-south route, were designated part of the original federal highway system in 1926.
Offered in Cooperation with Indiana Real Estate License #RB14032591

To review the documents for this property, please follow these 3 simple steps:

  1. Register on our website or log in with your existing account.
  2. Go to the Documents tab, click a document that you wish to review, and accept the confidentiality agreement terms by entering your password.
  3. You may now download the document.

Agree to this NDA to download:

[close]

Confidentiality Agreement

I/We the Accepting Party/Parties and any related entities, including brokers, (the “Accepting Party”) is/are interested in obtaining information regarding this Property (the “Property”) in order to evaluate the possible acquisition (the “Proposed Transaction”) of the Property. By entering my/our password I/We accept the following terms of this confidentiality agreement:

  1. Confidentiality: Any information with respect to the Property (collectively, the “Evaluation Materials”) provided to Accepting Party by Owner, Owner’s Representative and AW Properties / AuctionWorks any of their respective consultants, agents or employees (collectively, the “Seller Property”) will be used solely for the purpose of evaluating the possible acquisition of the Property by Accepting Party, and will not be used or duplicated for any other purpose. Accepting Party shall keep all Evaluation Materials strictly confidential provided that the foregoing shall not apply (a) to information of a public nature or learned by Purchaser from any source other than Seller, or (b) from and after the Closing Date. From and after the Closing Date Purchaser shall keep all financial information relating to the Tenants confidential. Nothing contained in this Section shall prohibit any party from disclosing information (I) to its lenders, members, partners, shareholders agents or consultants or prospective purchasers of any of the Parcels or any interest therein; provided that as a condition to any disclosure of Tenant’s or Seller’s financial information, Purchaser shall deliver to Seller a confidentiality agreement executed by the party receiving such information, which agreement shall be for the benefit of Seller and shall be at least as comprehensive as this agreement, (ii) as required by any applicable securities requirement, law or court order, or (iii) in any action between any of the following parties: Purchaser, Seller, Seller’s Affiliate, any Agreement, the provisions of this Section shall survive the Closing or any termination of this Agreement.
  2. No Disclosure: Accepting Party shall not (I) disclose the fact that discussions are taking place concerning the possible acquisition of the Property or any of the terms thereof, or (ii) conduct any discussions, negotiations or make any inquiries concerning the possible acquisition of the Property with any other person or entity, except for Owner and AW Properties / AuctionWorks, except as may be expressly permitted elsewhere in the Agreement and, only in strict accordance with the provisions hereof.
  3. No representations by Seller Parties: None of Seller Parties make any representations or warranties as to the accuracy of completeness of the Evaluation Materials or that actual results will conform to any projections contained therein. Owner, Owner’s Representative and AW Properties / AuctionWorks expressly disclaim any and all liability for representations or warranties, express or implied, contained in the Evaluation Materials or in any other written, oral or other communications transmitted or made available to Accepting Party by Seller Parties, including, without limitation, computer disks containing files with financial data or projections.
  4. No Obligation: Owner is under no legal obligation of any kind whatsoever with respect to the Proposed Transaction by virtue of this Agreement, the delivery of any Evaluation Materials, any discussions concerning the Proposed Transactions or otherwise, unless and until a binding written agreement is executed and delivered by all parties thereto.
  5. Accepting party hereby agrees to indemnify and hold harmless each of the Seller Parties against any and all costs, loss, liability or expense, including attorney’s fees and expenses, arising from or in any way connected with any breach of Accepting Party’s obligations under this Agreement.


You must be logged in to request a showing for this property.

You must be logged in to send private messages about this property.