EXECUTIVE SUMMARY - LoopNet...Foundation and Holladay Properties. In place infrastructure includes...
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All information furnished is from sources deemed reliable and is subjected to errors, omissions, change of other terms and conditions, prior sale, lease or financing or withdrawn without notice. Page 1 For Information Contact: David Lasser, SIOR/CCIM 219-796-3935 [email protected] COMMERCIAL IN-SITES • 1100 WEST U.S. HIGHWAY 30 • MERRILLVILLE, IN 46410 • 219-795-1100 • www.commercialin-sites.com OFFERING SUMMARY Sale Price: $125,000 Price / SF: $2.87 Price / Acre: $125,000 Lot Size: 1-78 Acres Zoning: CIS/PUD Utilities: All Utilities Topography: Level PROPERTY OVERVIEW AmeriPlex at the Crossroads is a 386 acre mixed use/master planned Indiana Certified Technology Business Park, a joint venture between Purdue Research Foundation and Holladay Properties. In place infrastructure includes offsite drainage ponds, walking paths, sewer, water, electric, gas, fiber optic lines. Developer will sell lots subdivided to suit from 1 to 78 acres or build to suit for sale or lease. Land use zoning allows for Education Center/Office, Medical/Life Sciences, Retail/Lifestyle Center and Precision Manufacturing /Flex. Customized sites tailored to fit the size, budget and type necessary. LOCATION OVERVIEW This Premier Business Park is 30 miles southeast of Chicago fronting along I-65 and 1.2 miles south of U.S. Highway 30. Located with access from Broadway (S.R. 53), 93rd Avenue and 101st Avenue. Approximately 1/2 mile south of Methodist Hospital. The new I-65 interchange at 109th Avenue is 1 mile south. Tenants presently located in the park include: Purdue Technology Center - Ivy Tech, Pinnacle Hospital, Vibra Long Term Acute Care, Law Offices, INFSSA, Dawn Foods, Oh Pharmaceuticals and Pipefitters Union. The Purdue Research Park network which is comprised of five parks across the State of Indiana in Merrillville, West Lafayette, Indianapolis and New Albany is the largest University-affiliated complex in the country. See attached PDF on Why Indiana! IDEC State marketing for all the great reasons to consider the move or expansion to this property. Merrillville is the largest town in Indiana, with the third-lowest tax rate in Lake County. EXECUTIVE SUMMARY FOR SALE | LAND AmeriPlex at the Crossroads I-65 and Broadway, Merrillville, IN 46410
Transcript of EXECUTIVE SUMMARY - LoopNet...Foundation and Holladay Properties. In place infrastructure includes...
All information furnished is from sources deemed reliable and is subjected to errors, omissions, change of other terms and conditions, prior sale, lease or financing or withdrawn without notice. Page 1
For Information Contact: David Lasser, SIOR/CCIM 219-796-3935 [email protected]
COMMERCIAL IN-SITES • 1100 WEST U.S. HIGHWAY 30 • MERRILLVILLE, IN 46410 • 219-795-1100 • www.commercialin-sites.com
OFFERING SUMMARYSale Price: $125,000
Price / SF: $2.87
Price / Acre: $125,000
Lot Size: 1-78 Acres
Zoning: CIS/PUD
Utilities: All Utilities
Topography: Level
PROPERTY OVERVIEWAmeriPlex at the Crossroads is a 386 acre mixed use/master planned IndianaCertified Technology Business Park, a joint venture between Purdue ResearchFoundation and Holladay Properties. In place infrastructure includes offsite drainageponds, walking paths, sewer, water, electric, gas, fiber optic lines. Developer will selllots subdivided to suit from 1 to 78 acres or build to suit for sale or lease. Land usezoning allows for Education Center/Office, Medical/Life Sciences, Retail/LifestyleCenter and Precision Manufacturing /Flex. Customized sites tailored to fit the size,budget and type necessary.
LOCATION OVERVIEWThis Premier Business Park is 30 miles southeast of Chicago fronting along I-65 and1.2 miles south of U.S. Highway 30. Located with access from Broadway (S.R. 53),93rd Avenue and 101st Avenue. Approximately 1/2 mile south of MethodistHospital. The new I-65 interchange at 109th Avenue is 1 mile south. Tenantspresently located in the park include: Purdue Technology Center - Ivy Tech, PinnacleHospital, Vibra Long Term Acute Care, Law Offices, INFSSA, Dawn Foods, OhPharmaceuticals and Pipefitters Union. The Purdue Research Park network which iscomprised of five parks across the State of Indiana in Merrillville, West Lafayette,Indianapolis and New Albany is the largest University-affiliated complex in thecountry. See attached PDF on Why Indiana! IDEC State marketing for all the greatreasons to consider the move or expansion to this property. Merrillville is the largesttown in Indiana, with the third-lowest tax rate in Lake County.
EXECUTIVE SUMMARY
FOR SALE | LANDAmeriPlex at the Crossroads
I-65 and Broadway, Merrillville, IN 46410
All information furnished is from sources deemed reliable and is subjected to errors, omissions, change of other terms and conditions, prior sale, lease or financing or withdrawn without notice. Page 2
For Information Contact: David Lasser, SIOR/CCIM 219-796-3935 [email protected]
COMMERCIAL IN-SITES • 1100 WEST U.S. HIGHWAY 30 • MERRILLVILLE, IN 46410 • 219-795-1100 • www.commercialin-sites.com
AMERIPLEX BROCHURE
FOR SALE | LANDAmeriPlex at the Crossroads
I-65 and Broadway, Merrillville, IN 46410
All information furnished is from sources deemed reliable and is subjected to errors, omissions, change of other terms and conditions, prior sale, lease or financing or withdrawn without notice. Page 3
For Information Contact: David Lasser, SIOR/CCIM 219-796-3935 [email protected]
COMMERCIAL IN-SITES • 1100 WEST U.S. HIGHWAY 30 • MERRILLVILLE, IN 46410 • 219-795-1100 • www.commercialin-sites.com
SITE PLAN
FOR SALE | LANDAmeriPlex at the Crossroads
I-65 and Broadway, Merrillville, IN 46410
All information furnished is from sources deemed reliable and is subjected to errors, omissions, change of other terms and conditions, prior sale, lease or financing or withdrawn without notice. Page 4
For Information Contact: David Lasser, SIOR/CCIM 219-796-3935 [email protected]
COMMERCIAL IN-SITES • 1100 WEST U.S. HIGHWAY 30 • MERRILLVILLE, IN 46410 • 219-795-1100 • www.commercialin-sites.com
AERIAL MAP
FOR SALE | LANDAmeriPlex at the Crossroads
I-65 and Broadway, Merrillville, IN 46410
All information furnished is from sources deemed reliable and is subjected to errors, omissions, change of other terms and conditions, prior sale, lease or financing or withdrawn without notice. Page 5
For Information Contact: David Lasser, SIOR/CCIM 219-796-3935 [email protected]
COMMERCIAL IN-SITES • 1100 WEST U.S. HIGHWAY 30 • MERRILLVILLE, IN 46410 • 219-795-1100 • www.commercialin-sites.com
LOCATION MAPS
FOR SALE | LANDAmeriPlex at the Crossroads
I-65 and Broadway, Merrillville, IN 46410
All information furnished is from sources deemed reliable and is subjected to errors, omissions, change of other terms and conditions, prior sale, lease or financing or withdrawn without notice. Page 6
For Information Contact: David Lasser, SIOR/CCIM 219-796-3935 [email protected]
COMMERCIAL IN-SITES • 1100 WEST U.S. HIGHWAY 30 • MERRILLVILLE, IN 46410 • 219-795-1100 • www.commercialin-sites.com
AERIAL
FOR SALE | LANDAmeriPlex at the Crossroads
I-65 and Broadway, Merrillville, IN 46410
The Purdue Research Foundation and Holladay Properties expand on their proven records of mixed-use excellence with a joint venture serving Northwest Indiana and Chicagoland: AmeriPlex at the Crossroads. This 386-acre, master planned business park provides a superior location for business featuring:
• Fully improved land sites available from 1 to 78 acres
• Off-site storm water detention
• Land available for build to suit or speculative building projects
We invite you to join the AmeriPlex family and see what it can do for you!
Welcome to AmeriPlex Location, Location, LocationStrategically positioned at a true crossroads - near the Indiana/Illinois border and just 30 minutes from downtown Chicago, AmeriPlex at the Crossroads offers:
• Frontage on I-65 between the US Hwy 30 and 109th Avenue interchanges, providing interstate highway access within 6 minutes drive of the park
• Improved truck access by Broadway and Mississippi Street
• Ivy Tech Community College on site to provide employee training opportunities
• High-speed, high capacity “AT&T Smartmoves” fiber optic telecommunication available
Indiana has been recognized as a superior location for business and industry, due to its competitive tax guidelines and relatively inexpensive property tax costs. Key benefits include:
• Indiana’s state regulatory environment has been ranked No. 1 in the nation in a study by The Pacific Research Institute
• Cost of doing business is ranked No. 2 in the nation according to CNBC America’s Top States for Business
• Indiana’s Workers Comp Premium Rate was ranked 2nd in the nation by the Oregon Department of Consumer & Business Services
• Indiana currently has a AAA State Bond rating by Standard & Poor
• Corporate income tax rate is 6% versus Illinois at 9.5%
• Personal income tax rate is 3.23% compared to Illinois at 4.95%
Enjoy all these money-saving advantages and more while enjoying the amenities and conveniences of the Chicago area.
Indiana: A State that Works
93rd AVENUE93rd AVENUE
101st AVENUE101st AVENUE
65
PinnacleHospitalPinnacleHospital
SOLDSOLD
Commercial / IndustrialLand Sites for Sale orBuild to Suit
Armstrong Sites
189.61 acres available; all sites divisible
a = 2.22 acres b = 1.66 acresc = 1.76 acres d = 2.97 acrese = 2.26 acres f = 3.77 acresg = 10.7 acres - all sites divisible
SOLDSOLD
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Purdue Technology
Center
Purdue Technology
Center
Williams EyeInstitute
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Williams EyeInstitute
(coming soon)
IvyTech
CommunityCollege
IvyTech
CommunityCollege
Dawn FoodProducts
Dawn FoodProducts
VibraHospital
VibraHospital
Pro FabSheetmetal
Pro FabSheetmetal
UK Do-IUK Do-I
+ 24.17 AC
+ 14.27 AC
+ 4.82 AC
+ 6.32 AC g
+ 78.62 AC
IN FSSACall Center
IN FSSACall Center
+ 24.0 AC
GEO
RIG
A ST
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GEO
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STR
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BROADWAY
BROADWAY
109th AVENUE (interchange)109th AVENUE (interchange)
E-LawE-Law
100th PLACE100th PLACESOLDSOLD
Walking/FitnessTrail
MISSISSIPPI STREET
MISSISSIPPI STREET
98th AVENUE98th AVENUE
fabc d e
Millenium Drywall/American Fireproo�ng
Millenium Drywall/American Fireproo�ng
94
80 90
+ 4.41 AC+ 1.1 AC
+ 1.1 AC
96th AVENUE96th AVENUE
MASSACHUSETTS DRIVE
MASSACHUSETTS DRIVE
CON
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CON
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T DRIVE
About Holladay Properties
Founded in 1952, Holladay Properties has grown and diversi�ed from the construction of single-family tract housing to become a full-scale land development, design/build & fully-integrated real estate company, and one of the largest medical o�ce management �rms in the country. Holladay has more than 200 full-time associates in a range of specialties working from �ve development and over 20 management o�ces in major metropolitan areas with the knowledge and experience to complete any type of project for any kind of client.
About Purdue Research Foundation
Since 1930, nonpro�t Purdue Research Foundation has played an important role in helping Purdue become a world-class university. Contributions to Purdue, through the foundation, result in scholarships, graduate fellowships, faculty grants and equipment cost-sharing grants. The foundation owns and manages the nationally-acclaimed Purdue Research Park and several satellite technology incubators. Services provided by the foundation support the economic development initiatives of Purdue University and bene�t the university's academic activities.
A Joint Venture Development by
www.HolladayProperties.com www.pfr.org
South Bend - Nashville - Indianapolis -Chicago/Portage - Richmond
&
FT. LAUDERDALE/ MIAMI, FL
WEST PALM BEACH, FL
GREATER BALTIMORE, MD
www.commercialin-sites.com
David A. Lasser, SIOR/CCIM (219) [email protected]
For more information, contact
2018 FACT SHEET
2018 FACT SHEET
FOR MORE INFORMATION PLEASE VISIT ASTATETHATWORKS.COM
TAXES & FACTORS INDIANA Illinois Kentucky Michigan Ohio
Corporate Income Tax Rate (a) 6.0% 9.50% 4-6% 6.0% 0-0.26%
State Apportionment of Corporate Income
Single Sales Factor
Single Sales Factor
Sales, Property, & Payroll with Sales Double-Weighted
Single Sales Factor
Gross Receipts Tax (known as: Commercial Activity Tax)
Individual Income Tax Rate (a) 3.23% 4.95% 2% - 6% 4.25% 0% - 4.997%Local Average Individual
Income Tax Rate (b) 1.56% NONE 2.08% 1.70% 2.25%
Local Average & Sales Tax Rate 7.00% 6.25% 6.00% 6.00% 5.75%Unemployment Insurance Tax
Rate times (x) State Wage Base $237.50 $447.12 $275.40 $243.00 $243.00
Workers' Compensation Premium Rate Index
(Per $100 of Payroll)$1.05 $2.23 $1.52 $1.57 $1.45
Mean Hourly Wage $21.51 $27.32 $21.13 $24.38 $22.65 Cost of Living Index 96.4 111.8 93.9 96.6 98.7
Right To Work YES No Yes YES No(a) The effective local income tax rate is calculated by taking the mean of the income tax rate in the most populous city and the capital city. (b) QCEW 2016 - Statewide,Total-all industries,Private,All establishment sizes,Average Annual Pay/2080
Source: Tax Foundation (10/2017). Federation of Tax Administrators (State Apportionment of Corporate Income, 1/2017). Oregon Dept. of Consumer & Business Services (Oregon Workers’ Compensation Premium Rate Ranking, 10/2016). Various state unemployment insurance agencies. ADP FastFacts. PayrollTaxes.com. Bureau of Labor Statistics - Quarterly Census of Employment & Wages (9/2017). Emsi 2017.3 (using C2ER Cost of Living data). National Right To Work Legal Defense Foundation. Area Development (9/2017). Chief Executive (5/2017). CNBC (7/2017). Forbes (11/2017). U.S. News (2/2018).
