Description
Excellent industrial investment available in Washington, IL. These Twin Industrial Buildings with Office End Cap Units total 33,120 SF with 32,720 leasable (400 SF is common platforms/foyers, stairwells in one end cap office building). Each of the 18 contractor/industrial bay units are 1,440 SF (12,960 SF Industrial Warehouse total, 7,200 office) and have a gas warehouse heater, individual electric panel and plumbing rough-ins - currently about 75% are outfitted by tenants with restrooms or utility sinks. Large shared parking lot with large truck accessible entrance. Combined leased units usually have a knockout for access between units. 30,920 SF Leased (94.5% of leasable SF) - rent roll available. All leases are modified gross - gross + utilities. Tenants pay Ameren (gas/electric) and owners pay water/sewer (Municipal Washington utilities - water/sewer are not individually metered). Trash is on tenants and many share a few dumpsters on the property. The vacant 1,800 SF is the second floor of the office end cap of the north building. This is a ready to rent office space (not ADA compliant - no elevator/lift) that was formerly utilized by the owners.
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0BEDS
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2.15ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Excellent industrial investment available in Washington, IL. These Twin Industrial Buildings with Office End Cap Units total 33,120 SF with 32,720 leasable (400 SF is common platforms/foyers, stairwells in one end cap office building). Each of the 18 contractor/industrial bay units are 1,440 SF (12,960 SF Industrial Warehouse total, 7,200 office) and have a gas warehouse heater, individual electric panel and plumbing rough-ins - currently about 75% are outfitted by tenants with restrooms or utility sinks. Large shared parking lot with large truck accessible entrance. Combined leased units usually have a knockout for access between units. 30,920 SF Leased (94.5% of leasable SF) - rent roll available. All leases are modified gross - gross + utilities. Tenants pay Ameren (gas/electric) and owners pay water/sewer (Municipal Washington utilities - water/sewer are not individually metered). Trash is on tenants and many share a few dumpsters on the property. The vacant 1,800 SF is the second floor of the office end cap of the north building. This is a ready to rent office space (not ADA compliant - no elevator/lift) that was formerly utilized by the owners.
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