1204-1254 Independence Court, Washington, IL 61571

Property Description

Excellent industrial investment available in Washington, IL. These Twin Industrial Buildings with Office End Cap Units total 33,120 SF with 32,720 leasable (400 SF is common platforms/foyers, stairwells in one end cap office building). Each of the 18 contractor/industrial bay units are 1,440 SF (12,960 SF Industrial Warehouse total, 7,200 office) and have a gas warehouse heater, individual electric panel and plumbing rough-ins - currently about 75% are outfitted by tenants with restrooms or utility sinks. Large shared parking lot with large truck accessible entrance. Combined leased units usually have a knockout for access between units. 30,920 SF Leased (94.5% of leasable SF) - rent roll available. All leases are modified gross - gross + utilities. Tenants pay Ameren (gas/electric) and owners pay water/sewer (Municipal Washington utilities - water/sewer are not individually metered). Trash is on tenants and many share a few dumpsters on the property. The vacant 1,800 SF is the second floor of the office end cap of the north building. This is a ready to rent office space (not ADA compliant - no elevator/lift) that was formerly utilized by the owners.