Hangar 3 For Sale or Lease

LeaseSaleWarehouse/Industrial 218,000 SF
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909 Pacesetter Dr
Rantoul, IL 61866
Price: Negotiable
Lease Price: $2.00 / SF
Lease Type: NNN
Building Size: 218,000 SF
Available Space: 218,000 SF
Lot Size (acre): 10.40 AC
Zoning: I-1
Tax PIN: 20-09-11-100-001

Property Description

Subject property is commonly known as Hangar 3 which was originally constructed in 1941. The property was originally designed as an aviation hangar offering a high bay area (59,000 SF) with 44′ clear span. The low bay area (159,000 SF) features clear heights of 14′ and 40′ x 40′ column spacing. There are ten (10) 10′ x 10′ DHD with levelers and lights which open to an interior staging area (30′ x 125′). The staging area has access to the main building by virtue of two (2) 8′ x 10′ OHD served by a ramp. There is also one (1) 12′ x 14′ DID. The property features a wet sprinkler in the warehouse area, and 2,000 Amp 277/480v. Property is located in a Tax Increment Finance (TIF) District, Enterprise Zone, as well as a Foreign Trade Zone (FTZ).

Location Description

The subject property is located on the former Chanute Air Force Base on the southeast side of the Village of Rantoul. The subject is zoned I-1, Industrial District and is easily accessible by U.S Routes 136, 45 or Interstate 57. Rantoul has excellent access to the tri-state area with Chicago located 120 miles north, Indianapolis 120 miles east and St. Louis 180 miles southwest. Champaign County is also home to the University of Illinois.