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INDUSTRIAL BUILDING FOR SALE 188 EASTGATE CT. DANVILLE, IL 61834 AJ THOMA III, CCIM 217.403.3425 [email protected] OFFERING MEMORANDUM

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Page 1: OFFERING MEMORANDUM - s3.us-west-2.amazonaws.com · Building Size 5,000 SF Office Space 1,250 SF (25%) Drive-in-Doors None Dock High Doors 12 (8’9” x 9’) 20,000 lb. Manual Levelers

INDUSTRIAL BUILDING

FOR SALE

188 EASTGATE CT.

DANVILLE, IL 61834

AJ THOMA III, CCIM

217.403.3425 [email protected]

OFFERING MEMORANDUM

Page 2: OFFERING MEMORANDUM - s3.us-west-2.amazonaws.com · Building Size 5,000 SF Office Space 1,250 SF (25%) Drive-in-Doors None Dock High Doors 12 (8’9” x 9’) 20,000 lb. Manual Levelers

COLDWELL BANKER COMMERCIAL DEVONSHIRE REALTY | CHAMPAIGN, IL | 217.352.7712

188 EASTGATE CT.

PROPERTY OVERVIEW

Subject property is a steel cross dock industrial building constructed in the mid 1980’s and sits on 1.63 acres. The

building consists of 5,000 SF with 1,250 SF (25%) of office space, 15' clear, 12 (8’9”' x 9') Docks with 20,000 lbs. manual levelers, and 400 Amp 240v Single Phase Power. The building is served by all city utilities and Ameren for electrical & gas. This cross dock facility offers plenty of tractor trailer parking. The property is located in an Opportunity Zone (Census Track 17183011200).

The property is located in Eastgate Industrial Subdivision which is located on the edge of Danville, IL and 1 mile from the Illinois/Indiana border. The property is located 1 mile from Interstate I-74 and is 41 miles east of Champaign IL via I-74, 53 miles north of Terre Haute IN via IN-63, 83 miles northwest of Indianapolis IN via I-74, and 140 miles south of Chicago IL

via US-41/I-57.

OVERVIEW Sale Price $125,000.00

Building Size 5,000 SF

Lot Size 1.63 Ac

Tax Pins 23-12-451-031

Zoning General Industrial

Year Built 1980’s

RE Tax $4,564.66

Page 3: OFFERING MEMORANDUM - s3.us-west-2.amazonaws.com · Building Size 5,000 SF Office Space 1,250 SF (25%) Drive-in-Doors None Dock High Doors 12 (8’9” x 9’) 20,000 lb. Manual Levelers

COLDWELL BANKER COMMERCIAL DEVONSHIRE REALTY | CHAMPAIGN, IL | 217.352.7712

188 EASTGATE CT.

BUILDING SPECIFICS

Building Size 5,000 SF

Office Space 1,250 SF (25%)

Drive-in-Doors None

Dock High Doors 12 (8’9” x 9’) 20,000 lb. Manual Levelers

Clear Ceiling Height 15’

Column Spacing Free Span Building

HVAC Full in Office Heat in Warehouse

Sprinkled None

Power 400 AMP 240 V Single-Phase

Heating Gas fired

Lighting T-5

Parking Plenty

Interstate Access Within 1 mile

Page 4: OFFERING MEMORANDUM - s3.us-west-2.amazonaws.com · Building Size 5,000 SF Office Space 1,250 SF (25%) Drive-in-Doors None Dock High Doors 12 (8’9” x 9’) 20,000 lb. Manual Levelers

COLDWELL BANKER COMMERCIAL DEVONSHIRE REALTY | CHAMPAIGN, IL | 217.352.7712

188 EASTGATE CT.

PROPERTY HIGHLIGHTS

• 15’ Clear Heights

• 25% Office Space (1,250 SF)

• 12 Dock High Doors (with

Levelers)

• Interstate Access w/in 1 mile

• Opportunity Zone

DEMOGRAPHICS

9 hr. 6 hr. 3 hr.

POPULATION 10-MILES 20-MILES 30-MILES

2010 Population (Census) 62,075 96,741 145,166

2019 Population 59,282 92,897 141,670

2024 Population (Projected) 57,379 90,127 139,070

HOUSHOLDS 10-MILES 20-MILES 30-MILES

2010 Households (Census) 24,918 38,682 57,222

2019 Households 23,994 37,487 56,368

2024 Households (Projected) 23,258 36,446 55,410

INCOME 10-MILES 20-MILES 30-MILES

2019 Median HH Income $43,324 $46,251 $50,625

2019 Avg. HH Income $60,181 $62,282 $66,553

2019 Per Capita Income $24,383 $25,387 $26,623

Page 5: OFFERING MEMORANDUM - s3.us-west-2.amazonaws.com · Building Size 5,000 SF Office Space 1,250 SF (25%) Drive-in-Doors None Dock High Doors 12 (8’9” x 9’) 20,000 lb. Manual Levelers

COLDWELL BANKER COMMERCIAL DEVONSHIRE REALTY | CHAMPAIGN, IL | 217.352.7712

188 EASTGATE CT.

AERIAL MAP

Page 6: OFFERING MEMORANDUM - s3.us-west-2.amazonaws.com · Building Size 5,000 SF Office Space 1,250 SF (25%) Drive-in-Doors None Dock High Doors 12 (8’9” x 9’) 20,000 lb. Manual Levelers

COLDWELL BANKER COMMERCIAL DEVONSHIRE REALTY | CHAMPAIGN, IL | 217.352.7712

188 EASTGATE CT.

CONTACT INFORMATION

AJ THOMA III, CCIM

Vice President

Commercial Brokerage

217.403.3425

[email protected]

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