Office/Warehouse Investment Opportunity

SaleInvestmentOfficeWarehouse/Industrial 399,045 SF

Property Highlights

1901 E Voorhees St
Danville, IL 61834

Price: $9,500,000 (Previously $12,000,000.00)

Building Size: 399,045 SF

Lot Size (acre): 40.50 AC

Lot Dim.: 1187x1389

Parking: 770 Spaces

Zoning: I-2 Heavy Industrial

Tax PIN: 18 34 400 009

RE: $205,557.00 - 2022

Gross Income: $1,351,554

Expenses: $456,540

NOI : $895,014

Cap Rate: 6.62%

Year Built: 1964

Documents

Brochure

Confidentiality Agreement - OM Upon Request

Property Description

1901 East Voorhees Street is a 399,045 SF Class B, multi-tenant, office/warehouse building located in Danville, IL (Vermilion County) within an Opportunity Zone. The Building was constructed in 1964 and sits on 40.5 acres. Genpact LLC (NYSE ticker “G”) is the current owner of the Building and will sign a 5-year lease to remain in approximately 35,000 SF of the building prior to Closing. There is additional land on the north side for potential future building expansion.

Area Description

Situated in Central Illinois, Danville is five miles west of the Illinois-Indiana border, 90 miles west of Indianapolis, and about 140 miles south of Chicago.

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.