Property Offering. Cold Storage Warehouse 4501 Hitch Peters Road Evansville, IN 47711

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1 Property Offering Cold Storage Warehouse 4501 Hitch Peters Road Evansville, IN 47711

2 Executive Summary We are pleased to present an outstanding cold storage opportunity in Evansville, Indiana. Built in 1998, this facility is one of very few high-cube warehouses dedicated to refrigerated distribution. As such, this offering presents a rare opportunity to acquire new, modern space at a discount to new construction. Structural details include twenty-nine (29) fully finished truck docks, glycol-protected floors, and expansive internal shipping and receiving staging and vestibule areas. Additionally, the site is secure, with guard station, full perimeter fencing. Extensive concrete staging areas exist for truck and trailer spotting and storage, as well striped and lighted employee parking. The building is a dedicated cold-product distribution facility, with excellent access near U.S. Highway 41, Interstate 64, Interstate 69 (under construction) and Indiana Highway 62. Additionally, the facility is minutes from the Evansville Regional Airport, just north of downtown.

3 Property Details Construction and Configuration SIZE: Approximately 137,507 SF, configured as follows: Cooler: 45,261 SF (28 F to 32 F) Freezer: 54,314 SF (-20 F to 10 F) ** 3,680,000 cubic feet warehouse space Dock Staging Area: 22,950 SF (28 F to 32 F) Machine/Battery/ Maintenance: 4,970 SF Office (2 floors) 10,012 SF Mezzanine: 2,050 SF NUMBER OF BUILDINGS: One (1) CONSTRUCTION DATE(S): 1998 COMPOSITION: Walls: Floors: Framing: Roof: Steel-faced urethane wall panels; offices finished with tile and block. 8 reinforced concrete with w6 x w6 w4 x w4 over 10 mil. Vapor barrier; fully-looped glycol piping beneath freezer floor. Steel columns Single-ply, ballasted rubber membrane roof with polystyrene insulation over steel deck; balance of warranty remaining

4 CLEAR HEIGHTS: 37 to 41 7 (sloped) clear COLUMN SPACING: 39 x 44 TRUCK LOADING: West: Twenty-nine (29) loading docks with pads, seals, lights, concrete aprons, canopies, 35,000 lb. Kelley levelers and 8 x 10 insulated electric doors. North: One (1) ramped electric 12 x 14 grade-level door and one (1) compactor dock. South: One (1) 12 x 14 electric, grade-level engine room access door.

5 FUELING STATION: 8,000 gallons tank, two (2) diesel pumps OFFICES: Size: Finishes: Lay-out: Approximately 10,012 SF of two-story office & employee welfare area. 2 x 4 dropped acoustical ceiling tile with lay-in fluorescent lights, carpeted floors, and painted sheetrock walls. Reception, open work and administrative areas, perimeter private offices, conference rooms, lunch room with vending stations, locker room and environmentally controlled and secured IT / telecommunication room.

6 Mechanical System ELECTRIC: Provider: Vectren Secondary: 3,000 amp, 480/277 volt, three-phase, 4-wire with one (1) pad mounted transformer. Gas: Provider: Vectren HVAC: Gas-fired heat and electric cooled roof-mounted package units. FIRE PROTECTION: Fully wet sprinklered, excluding dry system in freezer area; hydrant loop and electric fire pump on an independent feed with freestanding, fully improved pump house. SECURITY: Full perimeter fencing with tree-strand barbed wire. LIGHTING: Primarily halogen with some metal halide. COMPRESSED AIR: Battery charging and maintenance area fully-piped for compressed air.

7 REFRIGERATION: 8,000 lb. ammonia system with three (3) Frick compressors (approx. 800 TR), with Frigid Coil evaporators and roof-mounted cooling tower. Liquid glycol distribution beneath freezer floor Glycol-ready channeling to balance of warehouse. Convert at lower cost. Air-curtains and tight-sealing doors Mechanical infrastructure in place for building expansion. DISTRIBUTION: 50 (22,490 SF) interior dock staging area. Exterior building areas feature extensive concrete finishes. Battery maintenance area with 2-ton, 12.5 wide, overhead crane with 56 travel. Extensive trailer staging and storage area.

8 Racking Remains PARKING: Paved, striped and lighted parking for approximately 100 cars; extensive trailer storage and staging. ACCESS: US 41, I-64, I-69 (under construction) and IN-62 WATER & SEWER: Water: Sewer: City of Evansville Water Department City of Evansville Sewer Department

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