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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