Brisky Net Lease brokered the sale of a 150,000-square-foot industrial building leased to Windstream Communications LLC, in Evansville, Indiana. The single-tenant investment property sold for $16.425 million.
Broker Brian Brisky represented the buyer and Greg Folz of Woodward Commercial Realty, Inc. represented the seller in the sale of the property located at 14616 Foundation Avenue, Evansville, IN 47725. Brisky has a proven track record with net lease transactions nationwide.
The entire building is currently occupied by Windstream, a leading provider of advanced network communications and technology solutions. The property is newly constructed (2022) and strategically located within the nearly fully developed Vanderburgh Industrial Park in Evansville. It offers excellent connectivity, being just minutes from I-69, I-64, US-41, and the Evansville Regional Airport. Evansville is a strong regional industrial hub within the Tri-State area and benefits from its central location, being within a three-hour drive of major Midwest cities such as Indianapolis, St. Louis, Louisville, Cincinnati, and Nashville.
Windstream, a privately held company headquartered in Little Rock, Ark., provides fiber-based broadband to residential and small business customers in 18 states.
