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618-277-4400

13,000 SF Warehouse For Sale

$812,500

Listing Resources

Listing Description

Two warehouse buildings totaling 13,000 SF. Building A = 8,000 SF. Building B = 5,000 SF.

Fully occupied. Will present leases upon request. Currently offered at 8% cap rate, $62.50/sf.

$65,000 Year 1 NOI (NNN leases)

For Sale: $812,500 

Listing Details

Listing No : 317
Sale Or Lease : For Sale
Property Type(s) : Investment, Industrial
Building Size (Sqft) : 13,000 Sqft
Lot Size (Acres) : 2.33 Acre(s)
Total Sqft Available : 13,000 Sqft
Sale Price : $812,500
Sale Price Per Sqft : $62.50
CAP Rate : 8.50%
NOI : $65,000
Building Total Sqft : 13,000 Sqft
Total Sqft Available : 13,000 Sqft
Warehouse : 13,000 Sqft
Min Divisible Sqft : 5,000 Sqft
Max Contiguous Sqft : 13,000 Sqft
Drive-In Doors : 1
Drive-In Door Size : 8x8
Heating : Warehouse, Office
Cooling : Warehouse, Office
Lighting : Metal Hali
Men's Restroom : Yes
Women's Restroom : Yes
Ventilation : Yes
Extra Land : 1+ Acre
Parcel No : 08-25.0-303-041
Zoning : D-1, nLt. Ind- City of Belleville
Industrial Park : Belle Valley
Prior Use : Industrial
Enterprise Zone : Yes
Parking : 30
Parking Surface Type : Rock/Asphalt
Property Tax : $19,517.12
Tax Year : 2022
Topography : Flat
Year Built : 1992
Rehab Year : 1992
Clearance Min : 26 ft
Clearance Max : 26 ft
Bay Spacing : Clear Span
Exterior : Metal
Floors : 1
Floor Type : Concrete
Total Acres Available : 2.33 Acre(s)
Frontage : 240 ft
Depth : 456 ft
Water Provider : Illinois American Water
Water Provider Location : On-Site
Sewer Provider : City of Belleville
Sewer Provider Location : On-Site
Gas Provider : Ameren
Gas Provider Location : On-Site
Electric Provider : Ameren
Electric Provider Location : On-Site
AMPS : 400
Phase : 3
Low Volts : 120
High Volts : 240

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