610 S Walnut St - Industrial FOR SALE


Princeville, IL 61559
$1,250,000 USD
312-327-5470
610 S Walnut St, Princeville, IL for Sale
$1,250,000 USD
Industrial - FOR SALE
1/9
null | 9.95% Cap Rate

610 S Walnut St
Princeville, IL 61559


HIGHLIGHTS

  • Single-tenant industrial investment opportunity
  • High quality tenant | FCA Packaging
  • IOS location positioned on ±11.63 acres
  • Location surrounded by OSF Healthcare, Komatsu, Bradley University, Morton Industries and Illinois Central College
  • Committed tenancy | At subject location for ±30 years
  • Available as part of a strategic portfolio of three mission-critical manufacturing and distribution assets spanning two key Midwest states

OVERVIEW

The Doughty Industrial Group of Marcus & Millichap is pleased to offer a fully stabilized industrial asset located in Princeville, Illinois. The property comprises approximately 51,000 square feet of functional industrial space on a ±11.63-acre site. It features ample industrial outdoor storage (IOS), providing long-term operational flexibility. Strategically positioned about 23 miles northwest of Peoria, the property benefits from proximity to one of Central Illinois’s major industrial and manufacturing centers. Princeville offers direct connectivity to IL Routes 90 and 91, which link to Interstates 74 and 80—facilitating efficient regional transportation and logistics access. The facility is 100% leased to FCA Packaging, a leading provider of highly customized, heavy-duty industrial packaging solutions for global OEMs across multiple sectors. This asset may also be acquired as part of a portfolio offering that includes three mission-critical manufacturing and distribution facilities across two Midwest states. The portfolio includes properties in Princeville, IL; Coal Valley, IL; and Lafayette, IN, totaling approximately 146,809 square feet of industrial space.

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$25 USD /SF

CAP RATE

9.95%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

610 S Walnut St. Princeville, IL 61559

PROPERTY TYPE

Industrial

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1997

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

8

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

11.63

LAND SF

506,603

ZONING

-

APN/PARCEL ID

0319151008

ASK ABOUT THIS PROPERTY

Peter DoughtyMarcus & MillichapMore Info
312-327-5470

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Peter DoughtyMarcus & MillichapMore Info
312-327-5470

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