105 Security Parkway

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105 Security Parkway

New Albany, IN 47150
Asking Price
Contact for price
Asset Type
Industrial
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Industrial facility spanning 77,050 square feet of total floor space.
  • Property is currently available for purchase at 105 Security Parkway.
  • Located in New Albany, Indiana with convenient access to regional highways.
  • Strategic position within the active Louisville metropolitan industrial submarket.
  • Versatile floor plan suitable for distribution or light manufacturing use.

What's Special

Manufacturing or distribution operations benefit from this 77,050 square foot industrial facility situated at 105 Security Parkway in New Albany. The property provides significant floor area suitable for warehousing, light manufacturing, or logistics-focused businesses seeking efficient logistics access within the Louisville metropolitan region. New Albany serves as a key industrial corridor in Southern Indiana, offering connectivity to major highway networks that facilitate regional distribution and supply chain management. Local infrastructure supports robust commercial activity, with proximity to the Ohio River and established transit routes enhancing the asset's utility for companies aiming to capture market share in the Midwest. Investors and business owners looking for expansive industrial footprints will find the layout adaptable to various operational requirements. The site position within this established industrial hub provides a strategic base for long-term growth and stable operations in a region known for its diversified economic base and skilled labor pool.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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