1450 E Pershing Rd - Warehouse FOR SALE


Decatur, IL 62526
$2,800,000 USD
217-433-0839
1450 E Pershing Rd, Decatur, IL for Sale
$2,800,000 USD
Warehouse - FOR SALE
1/32
null | Request Cap Rate

1450 E Pershing Rd
Decatur, IL 62526


OVERVIEW

This expansive, clear-span industrial facility located on the high-traffic East Pershing Road presents a prime opportunity for businesses seeking a strategic location. The property, previously a grocery store, is zoned M-1 for light industrial use, offering excellent versatility for a variety of industries. With over 6 acres of land, the site features a large parking lot with approximately 287 spaces, as well as ample paved lay-down space, ideal for operational needs or securing the property. The building itself boasts a 17-foot clear height and efficient column spacing of 30 feet and 40 feet, providing an open, flexible environment for a range of uses. Additionally, the facility is equipped with five loading docks, with the capacity to add more, and multiple drive-in doors to accommodate easy access for trucks and shipments. Located just minutes from major highways and the Midwest Inland Port, this site benefits from unparalleled logistics advantages. It is situated within close proximity to major employers like ADM, CAT, and Tate & Lyle, and is just 3.5 miles from Interstate 72, offering seamless access to regional and national transportation routes. The property also sits within a highly visible area with a daily traffic count of over 20,000 vehicles, providing exceptional exposure for businesses. The Midwest Inland Port, which provides direct access to three Class 1 railroads – Canadian National, CSX, and Norfolk Southern – as well as five major highways and an ILS-equipped airport, makes this location ideal for companies with global distribution needs. The area is further supported by an available, skilled workforce, affordable utilities, and robust infrastructure, making it a top choice for businesses looking to grow or expand in the heart of the Midwest.

FOR SALE DETAILS

PRICE

$2,800,000 USD

PRICE/SF

$45 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Supermarket, Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

UTILITIES

-

CLEAR CEILING HT

18 Ft

DOCKS

-

DRIVE INS

-

PARKING SPACES

366

LAND DETAILS

LAND ACRES

6.07

LAND SF

264,409

ZONING

M-1

APN/PARCEL ID

07-07-35-480-016

ASK ABOUT THIS PROPERTY

Cole BabcockVieweg Real Estate/BHGRE Service FirstMore Info
217-433-0839

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Cole BabcockVieweg Real Estate/BHGRE Service FirstMore Info
217-433-0839

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.