Rail Served Warehouse Space Lease
$3.00 Per Sqft
Rail Served Industrial Property
Former Spartan Printing Complex in Sparta, IL was repurposed in 2020. Portions of the building were demolished, leaving a 2-Acre concrete pad where those building sections once stood.
The remaining structure consists of a total of 352,800 SF, of that, 140,790 SF has had either a new roof or roof repairs completed, interior painted and electric restored with LED lighting in place.
There are 212,000 SF remaining which consists of concrete floors and steel frame structure that needs a new roof and mechanical systems restored. 64,000 SF has 30’ ceilings with the remaining ceiling heights around 19’. The expected timing to finish to suit would be 3 months and will be quoted by project.
The site is adjacent to Canadian Railway and has (3) separate spurs entering the property totaling approximately 2,023 linear feet. Rail access would require some improvements to get back into operable condition.
Property is located in a TIF District and Enterprise Zone and incentive are available.
Lease Rate: $3.00/SF, NNN
Sale Price: $4,500,000