1475 B&H Industrial Ct - Manufacturing FOR SALE


Millstadt, IL 62260
$1,750,000 USD
314-409-7283
1475 B&H Industrial Ct, Millstadt, IL for Sale
$1,750,000 USD
Manufacturing - FOR SALE
1/20
null | 8.82% Cap Rate

1475 B&H Industrial Ct
Millstadt, IL 62260


HIGHLIGHTS

  • Anchored by Minova Inc., a global mining solutions firm with $274M in revenue
  • Recent lease extensions with structured biennial rent increases
  • Includes 1.9-acre rocked drop lot with income potential
  • Renovated in 2018 with galvanized steel roofing
  • Located near IL Routes 158, 163, and 15 for strong regional access

OVERVIEW

Positioned within the Millstadt Industrial Park, this multi-tenant industrial investment offers a compelling opportunity for buyers seeking stable income and long-term upside. The property spans 2.9 acres and includes two buildings totaling 40,800 square feet, with a strong occupancy anchored by Minova Inc.—a global mining solutions provider with operations in over 25 countries. Recent lease extensions and structured rent escalations reinforce income stability, while the property's 2018 renovations and galvanized steel roofing ensure operational longevity. Strategically located less than a mile from IL Routes 158 and 163, and just five miles from IL Route 15, the site offers excellent regional connectivity. The sale includes a contiguous 1.9-acre rocked drop lot, presenting untapped potential for RV or equipment storage income. With a current Net Operating Income of $154,416 and a CAP rate of 8.82%, this asset delivers immediate cash flow with room for growth through lease-up of the vacant suite and monetization of the drop lot. The property benefits from 20 on-site parking spaces, metal and wood frame construction, and a depth of 345 feet with 360 feet of frontage. Its zoning under I-Industrial District supports a wide range of uses, making it a versatile addition to any investment portfolio.

FOR SALE DETAILS

PRICE

$1,750,000 USD

PRICE/SF

$58 USD /SF

CAP RATE

8.82%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1984

UTILITIES

-

CLEAR CEILING HT

20 Ft

DOCKS

3

DRIVE INS

2

PARKING SPACES

20

LAND DETAILS

LAND ACRES

2.4

LAND SF

104,544

ZONING

Industrial

APN/PARCEL ID

12-10.0-323-063

ASK ABOUT THIS PROPERTY

Steve ZuberBarberMurphy GroupMore Info
314-409-7283

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Steve ZuberBarberMurphy GroupMore Info
314-409-7283

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.