Listing ID: 7037180
Price: $2,750,000
Address: 1980 INDUSTRIAL
City: Sterling
State: Illinois
Postal Code: 61081
Square Feet: 40,000
Acres: 6.780
County: Whiteside
Built in 1999, The Halo/Lee Wayne building consists of 40,000 SF with 32,500 SF (81.25 %) finished as office space and 7,500 SF (18.75%) finished as warehouse space. There are 300 parking spaces on the property. The site and building construction are designed to accommodate a building addition of up to 54,000 SF. The current tenant is a promotional products company that employs 275 people. The flexible office floor plan features private offices on the perimeter and workstation areas throughout the rest of the space. Heated warehouse has sealed concrete floors and a 19 Feet 8 Inch clear ceiling

Primary Features

Annual Taxes: 49468.00
Area: Whiteside County
Cooling: Central
County: Whiteside
Exterior Finish: Glass, Concrete
For Sale: yes
Frontage Access: Paved 2Lane
Heating: Forced Air, Gas
NumberParking Spaces Allocated: 300
Other Access: N/A
Owner Pays: N/A
Property Type: Office Property
Sale/lease Includes: Land, Building
Total Building SqFt: 40000
Year Built: 1999
Zoning: Industrial

Location Information

Location: Industrial Park, Office Park
Miles to Airport: 6
Miles to Highway: 5
Nearest Highway: I-88

Interior Features

Floor Construction: Tile/Vinyl, Carpeted, Concrete
Handicap Modified: Yes
Insulation: Roof, Side Walls
Wall Construction: Tiltup Concrete

External Features

Approximate Lot Size: 6.78
Roof Construction: Flat
Sewer: City Sewer
Water Supply: Municipal

Additional

Building Description: Free Standing, 1 Story
Parcel ID Number/Tax ID: 11-17-377-003
Status Category: Active
Type: Office Property
U.S.T. (Y/N/UNK): Unknown
Y- USE: Industrial, Office

Financial Details

For Lease: yes
Lease Amount/SqFt: 11.00
Lease Type: Net
Ownership: Limited Partnership
Tax Incentive: None
Tax Year: 2016
Tenant Pays: Real Estate Taxes, Insurance, Common Area, Janitorial, Trash, Snow/Lawn, Gas, Electric, Water/Sewer
Terms/Lease: 3 Years, 5 Years

Zoning Info


© 2017 Quad City Area MLS
Information deemed reliable but not guaranteed
Listing courtesy of Alex Kelly from NAI Ruhl Commercial Company

Contact - Listing ID 7037180

Mel Foster Commercial Real Estate Services

3245 E. 35th St. Ct.
Davenport, IA 52807
Phone: (563) 324-4488
Phone Alt: (800) 226-9381

Data services provided by IDX Broker
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