Erik Foster and Mike Wilson of Avison Young’s Chicago Capital Markets Group have been awarded the exclusive sale listing of a 134,600-square-foot industrial building at 4760 South Kentucky Ave., adjacent to the Indianapolis International Airport in Indianapolis.
The airport submarket is one of the most desirable industrial markets in the country and is home to many regional and national air freight and logistics users, including one of the largest regional FedEx hubs in the country.
The building, which is 100-percent leased to one tenant, New Sunshine, LLC, is on a 13.8-acre site at the intersection of Interestate-465, Interstate-74 and Interstate-70. New Sunshine, a consumer skin care company, renovated the building in 2012.
The building has T-5 lighting, 28-foot ceiling heights, a water purification system, a new ESFR sprinkler system, quality control labs and FDA-approved manufacturing/mixing areas. The building is owned by an opportunity fund owner.
