1500 Fort Jesse Rd - Warehouse FOR SALE


Normal, IL 61761
$12,900,000 USD
217-722-3584
1500 Fort Jesse Rd, Normal, IL for Sale
$12,900,000 USD
Warehouse - FOR SALE
1/11
null | 7.37% Cap Rate

1500 Fort Jesse Rd
Normal, IL 61761


OVERVIEW

Embrace a prime investment opportunity by adding 1500 Fort Jesse Rd. in Normal, IL to your portfolio. The building is approximately 323,666 sq ft and offers 38 dock doors and 2 drive-in bays. This industrial investment offers cross docking capabilities for optimizing transporation-related logisitics. This property is fully occupied with long standing tenants. Centrally located between Chicago, St Louis and Indianapolis, this site has close interstate access for seemless distribution. Tenant 1 occupies approximately 18,190 newly renovated office space while Tenant 2 occupies the remaining approx. 300k square feet of the industrial warehouse space. Situated on a 32.14 acre lot with ample parking and presents easy manuvering for semis and delivery vehicles.

FOR SALE DETAILS

PRICE

$12,900,000 USD

PRICE/SF

$40 USD /SF

CAP RATE

7.37%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1974

UTILITIES

-

CLEAR CEILING HT

24 Ft

DOCKS

38

DRIVE INS

2

PARKING SPACES

-

LAND DETAILS

LAND ACRES

32.14

LAND SF

1,400,018

ZONING

M1

APN/PARCEL ID

14-23-353-001

ASK ABOUT THIS PROPERTY

Jill SprattSVN | Core 3More Info
217-722-3584

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Jill SprattSVN | Core 3More Info
217-722-3584

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