1775 S Brookside St - Warehouse FOR SALE
Centralia, IL 62801 |
$960,000 USD
305-905-3215
1775 S Brookside St
Centralia, IL 62801
HIGHLIGHTS
- Absolute NNN Lease – Zero landlord responsibilities, providing a true passive investment structure.
- Attractive Rental Increases – 2.00% annual rent escalations deliver consistent cash flow growth and an effective hedge against inflation.
- Large Lot – Positioned on a ±4.14-acre parcel, offering strong underlying real estate value and future redevelopment potential.
- New Long-Term Lease – Seller/Operator to execute a brand-new 10-year lease upon closing, ensuring immediate stability and tenancy commitment.
FOR SALE DETAILS
PRICE
$960,000 USD
PRICE/SF
$80 USD /SF
CAP RATE
10%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Industrial
PROPERTY SUBTYPE
Warehouse
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2001
UTILITIES
Lighting, Gas, Water, Sewer, Heating
CLEAR CEILING HT
14 Ft
DOCKS
1
DRIVE INS
2
PARKING SPACES
10
LAND DETAILS
LAND ACRES
4.14
LAND SF
180,338
ZONING
Commercial
APN/PARCEL ID
15-14-24-400-008
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305-905-3215
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305-905-3215
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