2303 Federal Drive

Decatur,IL 62526

$ 6500000

- Bed

- Bath

0 SqFt


Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID 12104436

Year Built 1989

Annual Tax Amount $77,165

Tax Year 2022

Lot Size 7.000 Acres

Property Description

2303 E Federal Drive, Decatur, IL, a 76,800 square foot building conveniently situated in Park 101 Industrial Park. This facility was previously a multi-tenant flex facility that has been converted into a single tenant clear-span warehousing facility. The facility is known as building three in Park 101 Industrial Park and is situated on seven acres of land with parking and lay-down space in the front of the building as well as the rear of the building. There has been tons of improvements that have been made in the past year including: taking the building to clear span, new lighting throughout the facility, and a brand new roof that is scheduled to be put on in the very near future. In this facility you will find that there are 8 drive in doors ranging in sizes (12x10, 12x16, 10x8, & 8x8), as well as 11 loading docks. There is a long term tenant already in place occupying 100% of the property at $6.75 per square foot with a seven year lease and two extension options.

Location

State IL

County Macon

Interior

Fireplace N

Exterior

Utilities Available Water-Municipal

View Y/N true

Building

Structure Type Other

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