Marcus & Millichap has successfully brokered the sale of a single-tenant, net-lease industrial building located in Brownsburg, Indiana, for $4.25 million.
“This was an all-cash transaction that closed in under 30 days,” said Sam Curtis, associate investments. “The area continues to see rapid development and investor interest, making it one of the most competitive industrial submarkets in the Indianapolis metro.” Curtis, along with Joseph DiSalvo and Forest Bender—investment specialists in Marcus & Millichap’s Indianapolis office—exclusively represented the seller in the transaction.
The property, located at 464 Southpoint Circle, features 64,176 rentable square feet situated on 5.64 acres. Originally built in 1975, it is currently fully occupied by Nucleated Technologies, an owner-user. The building benefits from its strategic location near Interstates 74 and 465, positioned within a growing industrial corridor in the Indianapolis suburb of Brownsburg.
