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618-277-4400

Rail and Crane Served Industrial Investment Property

$10,000,000

Listing Resources

Listing Description

Heavy Industrial Manufacturing Investment Property

Rail and Crane Served Industrial Investment Property for Sale. 1,346,268 SF Facility on 81.23 Acres.

100% Occupied by 3 Long Term Tenants. Main Tenant is on Full NNN Lease occupying 70% of the Facility.

Sale Price: $10,000,000
NOI: $1,152,010
CAP Rate: 11.48%

Listing Details

Settings
Listing No : 013
Sale Or Lease : For Sale
Property Type(s) : Investment, Industrial, Industrial - Crane Served, Industrial - Rail Served
Building Size (Sqft) : 1,346,270 Sqft
Lot Size (Acres) : 81.23 Acre(s)
Sale Price : $10,000,000
Sale Price Per Sqft : $7.65
CAP Rate : 11.48%
NOI : $1,152,010
Building Total Sqft : 1,346,270 Sqft
Total Sqft Available : 1,346,270 Sqft
Office : 56,021 Sqft
Warehouse : 1,290,250 Sqft
Truck Dock : 11
Truck Dock Size : Varies
Dock Levelers : Yes
Drive-In Doors : 22
Drive-In Door Size : Varies
Overhead Cranes : Yes
Overhead Crane Size : Varies
Heating : Partial Warehouse/All Offices
Cooling : Offices Only
Sprinklers : Building #9
Lighting : LED
Skylights : Yes
Men's Restroom : Yes
Women's Restroom : Yes
Shower : Yes
Ventilation : Yes
Compressed Air : Yes
Parcel No : See Brochure
Zoning : Industrial
Zoning By : City of Madison
TIF : Yes
Survey : Yes
Environmental : Yes
Parking : 1,000
Parking Surface Type : Asphalt, Rock & Concrete
Property Tax : $125,000
Tax Year : 2019
Year Built : 1946
Rehab Year : 2019
Clearance Min : 24 ft
Clearance Max : 60 ft
Bay Spacing : Clear Span
Style : Steel Frame
Roof : Concrete Roof Panel
Exterior : Metal
Floors : 1
Floor Type : Reinforced Concrete
Floor Thickness : 16"
Floor Drains : Yes
Acres : 81.23 Acre(s)
Frontage : 1,503 ft
Depth : 2,563 ft
Water Provider : Illinois American
Water Provider Location : On Site
Sewer Provider : Granite City Waste Water Treatment
Sewer Provider Location : On Site
Gas Provider : Spire
Gas Provider Location : On Site
Electric Provider : Ameren IL
Electric Provider Location : On Site
AMPS : 34.5 KVA
Phase : 3
Low Volts : 240
High Volts : 480
Interstate : I-70 (3.1 Miles)
Rail : Terminal Rail Served Site
Barge : Americas Central Port (1/4 Mile)
Airport : St. Louis Lambert International (14 Miles)

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