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618-277-4400

Industrial Investment Property For Sale

$775,000

Listing Resources

Listing Description

Industrial Investment Opportunity

Warehouse Investment. Two tenants have been there for 10 + years and recently extended lease.

Adjacent 1.5 Acres does not come with the property and will be divided at closing. – Available for purchase for $90,000.

Sale Price: $775,000
CAP: 10.42%
NOI: $80,786

Listing Details

Settings
Listing No : 2173
Sale Or Lease : For Sale
Property Type(s) : Investment, Industrial
Building Size (Sqft) : 30,000 Sqft
Total Sqft Available : 30,000 Sqft
Sale Price : $775,000
CAP Rate : 10.42%
NOI : $80,786
Building Total Sqft : 30,000 Sqft
Total Sqft Available : 30,000 Sqft
Office : 3,150 Sqft
Warehouse : 26,850 Sqft
Min Divisible Sqft : 30,000 Sqft
Max Contiguous Sqft : 30,000 Sqft
Truck Dock : 5
Truck Dock Size : 12'x12'
Drive-In Doors : 7
Drive-In Door Size : 12'x14'
Heating : Warehouse
Cooling : Office
Insulated : Yes
Sprinklers : No
Lighting : LED
Parcel No : 12-10.0-323-063
Zoning : Industrial
Zoning By : City of Millstadt
TIF : Yes
Survey : Yes
Environmental : Yes
Parking : 20
Parking Surface Type : Gravel
Property Tax : $10,636.52
Tax Year : 2018
Rehab Year : 2018
Clearance Min : 14 ft
Clearance Max : 20 ft
Style : Wood Frame
Roof : Galvanized Steel
Exterior : Metal
Floors : 1
Floor Type : Reinforced Concrete
Floor Thickness : 6"
Acres : 1.40 Acre(s)
Water Provider : City of Millstadt
Water Provider Location : On Site
Sewer Provider : City of Millstadt
Sewer Provider Location : On Site
Gas Provider : Ameren IL
Gas Provider Location : On Site
Electric Provider : Ameren IL
Electric Provider Location : On Site
AMPS : 600
Phase : 3
Low Volts : 240
High Volts : 480
Telecom Provider : AT&T/Charter
Telecom Provider Location : On Site

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