$ 6,500,000
2303 Federal Drive Decatur, IL 62526
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$ 6,500,000
Est. payment | /mo
7 Acres Lot
$ 6,500,000
Est. payment | /mo
7 Acres Lot
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
Waterfront false
View Y/N true
Building
Structure Type Other
© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Cole Babcock • Vieweg RE/Better Homes & Gardens Real Estate-Servi
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "