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Industrial Warehouse and Manufacturing Facility
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12344 State Route 143, Highland, IL 62249

M-3 Industrial zoning supports a range of manufacturing, warehousing, and distribution operations.

Space Size177,235 SF
Lot Size18.57 Acres
Days on Market3

Property Features for 12344 State Route 143

General Information

Standard status Active
Size 177,235 SF
Net Rentable 177,235 SF
Class B
Lot size 18.57 Acres
Property subtype Commercial
Zoning M-3 Industrial
Lease Type NNN

Space & Availability

Available Space 177,235 SF
Contiguous Space 177,235 SF
Space Use Industrial

Lease Terms

Lease Rate $4.50 /SF/YR
Monthly Rent $66,463
Rent per SF/Year $4.50

Site & Location

Highway Access Yes
Road Access Yes

Warehouse & Industrial

Clear Height 25 ft
Dock-High Doors 22
Drive-In Doors 4
Sprinkler System Yes

Amenities

conference facilities
elevator

Building Details

Year Built 1951
Buildings 1
Building Size 177,235 SF
Listing Agency: BARBERMurphy
Listed By: Steve Zuber - SIOR, CCIM
Source: Barbermurphy
Added: Oct 24 Changed: Oct 25 Last Checked: Oct 24 at 2:35PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of BARBERMurphy

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Investment Insights

Based on property information with market context.

Walnut Grove Highland Business Park is a 177,235-square-foot industrial facility on 18.57 acres, with construction completed in phases from 1951 to 1993. Clear heights average 25 feet and reach 35 feet at maximum. The building has 22 dock-high doors with levelers, four drive-in doors, and approximately 80,000 square feet of paved exterior area. Existing rack storage may remain or be removed. Other improvements include a reinforced concrete floor rated for 3,000 pounds per square inch, a three-guide-wire lift system, and electrical service suitable for heavy industrial operations.

Office areas include conference facilities, two air-conditioned, two-story sections, and an elevator-accessed second-floor mezzanine. An ESFR sprinkler system, rainwater collection system, retention pond, and pump station are also on site. Approximately 10 acres are level and usable. The property is zoned M-3 Industrial and is located about 30 miles east of St. Louis, with access to I-70 and connections to I-55 and I-255.

Key Highlights

  • 177,235 SF industrial facility on 18.57 acres
  • M‑3 Industrial zoning
  • Average clear height of 25 feet; maximum ceiling height of 35 feet

Property Analytics

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Open Analytics

Current Use

Manufacturing properties

Suggested Use

Top Pick HVAC Service Electrical Service Building Supply Garden Center Grocery & Convenience Store Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

25 ft
Clear height
22
Dock-high doors
4
Drive-in doors
Yes
Sprinkler system
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$0.67 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

182
Businesses Nearby

Demographics for 62249, IL

16,052
Population
7,317
Households
2.2
Avg Household Size
42
Median Age
36%
College-Educated
96%
High-School Grad
88.7 sq mi
ZIP Area
181
Density / Sq Mi
$88,986
Median Household Income
$53,122
Median Earnings
$779
Median Rent
$220,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025

Frequently Asked Questions

What type of property is this?
Manufacturing property - M-3 Industrial zoning supports a range of manufacturing, warehousing, and distribution operations.
Where is this manufacturing property located?
The property is located at 12344 State Route 143 Highland, IL.
What are key features of this property?
This property features: 177,235 SF industrial facility on 18.57 acres; M‑3 Industrial zoning; Average clear height of 25 feet; maximum ceiling height of 35 feet
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