20 Central Industrial Dr - Warehouse FOR SALE


Granite City, IL 62040
$7,550,000 USD
816-605-2286
20 Central Industrial Dr, Granite City, IL for Sale
$7,550,000 USD
Warehouse - FOR SALE
1/8
null | Request Cap Rate

20 Central Industrial Dr
Granite City, IL 62040


HIGHLIGHTS

  • 100% occupied by ProAmpac
  • Leased through mid-2027 with a below market lease rate
  • Tenant has occupied the building for 15+ years with major infrastructure in place.
  • Absolute NNN lease structure
  • Heavy power
  • Partially air conditioned

OVERVIEW

CBRE is pleased to present the opportunity to acquire a well-located industrial property in Northgate Industrial Park, located in Granite City, Illinois. The offering includes 117,245+/- square feet and sits on approximately 6.57+/- acres of land. This opportunity provides an absolute net cash flow based on a single tenant who occupies and maintains 100% of the property. The property is just minutes from Interstate 270 & 255, 19.5 miles from St Louis Lambert International Airport. The convenient location provides easy access to major highways, downtown St. Louis, and the surrounding workforce.

FOR SALE DETAILS

PRICE

$7,550,000 USD

PRICE/SF

$64 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2003

UTILITIES

Water - City, Sewer - City

CLEAR CEILING HT

27 Ft

DOCKS

8

DRIVE INS

1

PARKING SPACES

88

LAND DETAILS

LAND ACRES

6.57

LAND SF

286,189

ZONING

M-4

APN/PARCEL ID

22-2-20-06-00-000-026

ASK ABOUT THIS PROPERTY

Austin BaierCBRE, Inc.More Info
816-605-2286

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Austin BaierCBRE, Inc.More Info
816-605-2286

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