Warehouse Investment Opportunity
SaleWarehouse/Industrial
119,260 SF
Property Description
The total building size is 119,260 SF with the breakdown as follows:
- Main Office: 4,000 SF
- Production Offices: 6,600 SF
- Production Warehouse: 108,600 SF
- Present income: $228,060
- Present Occupancy: 91%
- Cap Rate: 9%
Building also features:
- 2″ Water Meter
- 4″ Gas Meter
- 277/480 V, 3PH, 10,000 Amps Electric
- Fully Sprinkled (Wet)
- 28′ Peak and 20′ side ceiling height
- (3) Truck Docks (Expandable to (12) Docks)
- Drive-in doors: (2) 14’x12′, (2) 16’x16′, & (2) 8’x10′
- 6″ floor and numerous press foundations
Location Description
Conveniently located near Interstate 74 in Danville’s Heavy Industrial Park. Just 92 miles from Indianapolis International Airport, 40 miles from I-57, 150 miles from O’Hare International Airport, and 220 miles from Lambert-St.Louis International Airport, this facility is ideal for Industrial or Logistics use.
THIS PROPERTY IS LOCATED IN AN OPPORTUNITY ZONE