Warehouse Investment Opportunity

Opportunity ZoneSaleWarehouse/Industrial 119,260 SF

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Property Highlights

1303 E Voorhees St
Danville, IL 61832

Price: $1,900,000

Building Size: 119,260 SF

Lot Size (sqft): 462,172 SF

Lot Size (acre): 8.86 AC

Parking: 90 Spaces

Zoning: I-2 Heavy Industrial

Tax PIN: 18-34-300-007, 009

Year Built: 1967/1973

Present Income: $228,060

Present Occupancy: 91%

Cap Rate: 9%

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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

Map

201 W Springfield Ave, 11th floor Champaign, IL 61820 | 217-352-7712

www.CBCDR.com

The information found within this brochure is for informational purposes only, and is not audited, warranted or in any fashion guaranteed by Coldwell Banker Commercial Devonshire Realty. It is subject to verification and no liability for errors or omissions is assumed. Notice of Agency: Coldwell Banker Commercial Devonshire Realty is the exclusive agent for the seller/lessor and therefore represents the seller/lessor, unless expressed otherwise in writing with the parties to a transaction.