Industrial Triple Net

Industrial Distribution Warehouse | Peoria, IL

Sands Investment Group is Pleased to Present For Sale the Industrial Distribution Warehouse Triple Net Located in Peoria, Illinois. This Opportunity Includes Brand New 5 Year Triple Net (NNN) Lease With 2% Annual Rent Increases and Minimal Landlord Responsibilities.

  • Brand New 5 Year Triple Net (NNN) Lease With 2% Annual Rent Escalations and Minimal Landlord Responsibilities
  • 51,363 SF Warehouse With 30+ Feet of Ceiling Height Which Allows For Stacking of 30-40’ Containers
  • The Building Includes 6 Dock-Height Doors as Well as Two Oversized Drive-In Doors For Trailers and Other Machinery to Drive Straight Through the Building End-to-End
  • Warehouse Sits on 4.6 Acres of Fenced Property With a Large Gravel Lot For Truck and Trailer Parking Which Can Be Used to Expand Warehouse and/or Develop Additional Buildings
  • Strategically Located Between St. Louis and Chicago For Regional Distribution Purposes
  • The Building is Serviced By 3-Phase Power – 277 / 480V
  • 2 Levels of Office Space With Approximately 1,400 Square Feet Per Level Which Was Extensively Renovated in 2017
  • Easy Access For Truckers/Freight as It is Located Less Than 3-Miles From Route 6, Which Connects to the Larger I-74 Highway
  • Peoria is a Major Distribution Hub and Has a Significant Amount of Barge + Train Terminals Which Are in Immediate Proximity to This Building
  • Strong Demographics With an Average Household Income of Over $101,372 Within a 3-Miles Radius
  • Nearby Tenants Include: Red Dot Storage, BMW, Walmart Supercenter, Chevrolet, OSF Healthcare, Advanced Technology Services and More

In Cooperation With ParaSell, Inc., A Licensed Illinois Broker Lic. #478027307 BoR: Scott Reid – Lic. #478027307

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