111 Security Parkway

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111 Security Parkway

New Albany, IN 47150
Asking Price
$5.10M
Asset Type
Manufacturing Retail
Class
Class B

AI Property Summary

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

  • The asset is listed for sale at $5,100,000.
  • Property is situated at 111 Security Parkway in New Albany.
  • Facility functions as a retail and manufacturing hybrid site.
  • Location offers access to the greater Louisville metropolitan area.
  • Zip code 47150 provides logistical connectivity within the region.

What's Special

Priced at $5,100,000, 111 Security Parkway provides a functional retail and manufacturing space situated in New Albany, Indiana. This asset serves the 47150 zip code, an area characterized by its integration into the greater Louisville metropolitan economy and proximity to key regional logistics routes. The property offers substantial floor area suited for businesses requiring flexible industrial or retail operations. Its location within a established suburban corridor makes it a practical selection for entities looking to expand their manufacturing output or establish a presence in a growing regional hub. Potential occupiers may utilize the facility for specialized manufacturing processes, warehousing, or retail-industrial hybrid functions, leveraging the site for distribution across the Southern Indiana and Northern Kentucky region. Investors should consider the site for its potential to support industrial tenants seeking proximity to interstate connectivity and metropolitan labor markets. The infrastructure supports a range of operational needs, providing a versatile layout for long-term business utility in a stable submarket.

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NOI
$80,000
Cap Rate
1.57%
DSCR
0.26
Underwater
Cash-on-Cash
-14.56%
Monthly Payment
$25,232.017
Annual Cash Flow
$-222,784.208

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