28,777 SF Single Tenant Triple Net Leased Industrial Facility

1047 Broadway Street in Anderson, Indiana is a 28,777 square foot printing production and distribution facility situated on 1.94 acres of industrial zoned ground. The building was originally built in the 1980s with expansions to the structure done in the 1990s and 2000s. The building includes three (3) dock doors and one (1) drive-in door, newly replaced LED lighting throughout, a fully humidified and temperature controlled warehouse, fifty (50) car parks, 12-26 inch thick concrete flooring, as well as heavy power capacity which will prove attractive to a wide variety of alternative users into the future.

The Property is fully leased to Phoenix Innovate through December 31, 2027 on a NNN lease. Phoenix Innovate is a printing and marketing firm based in Troy, Michigan with notable clients including, but not limited to, Anthem, Purdue University, Indiana University, Bosch, Stellantis, and Google, to name a few. Some of their services include: market research, marketing automation, custom applications, content development, and a wide variety of commercial printing consultations and customized solutions. The Property serves as one of their major production facilities making this asset mission critical to their national pipeline.

Current ownership has meticulously maintained the property and completed extensive capital improvements in the past couple of years including: sealing and top coating the parking lot, interior and exterior painting, increasing the building’s power capacity, and the installation of the ASTEC roof system.