Three-Property Industrial
New
For Sale
$7,300,000
1500 Old State Road, Mattoon, IL 61938
The three-site offering is fully occupied under NN leases and is available only as a combined purchase.
Property Size62,000 SF
Lot Size14.20 Acres
Price / SF$117.74
Days on Market1
Property Features for 1500 Old State Road
General Information
Standard status
Active
Size
62,000 SF
Lot size
14.20 Acres
Property subtype
Industrial
Occupancy
100%
Additional Details
Highway Access
Yes
Building Details
Buildings
3
Listing Agency:
Friedman Integrated Real Estate
Listed By:
Derek DeLaura · License #6505361820
(248) 980-3300
Source:
Friedmanrealestate
Added: Oct 19
Last Checked: Oct 19 at 2:23PM
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 Friedman Integrated Real Estate
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Investment Insights
Based on property information with market context.
This industrial portfolio comprises three properties totaling approximately 62,000 SF on approximately 14.20 acres. All three assets are leased under NN structures, and the portfolio is offered as a single acquisition.
The properties are located in Peru, Decatur, and Mattoon, Illinois. Peru has access to I-80 and I-39, Decatur is served by I-72, and Mattoon is near I-57 and I-70.
The properties are located in Peru, Decatur, and Mattoon, Illinois. Peru has access to I-80 and I-39, Decatur is served by I-72, and Mattoon is near I-57 and I-70.
Key Highlights
- Three industrial properties offered together as one portfolio
- 100% leased under NN lease structures
- Approximately 62,000 SF across the portfolio
Property Analytics
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Current Use
Lease Details
100%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
5
Businesses Nearby
Explore this area
Business Placement
Demographics for 61938, IL
20,768
Population
10,299
Households
2
Avg Household Size
42
Median Age
23%
College-Educated
90%
High-School Grad
126.5 sq mi
ZIP Area
164
Density / Sq Mi
$54,288
Median Household Income
$39,651
Median Earnings
$771
Median Rent
$109,100
Median Home Value
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Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Industrial property - The three-site offering is fully occupied under NN leases and is available only as a combined purchase.
Where is this industrial property located?
The property is located at 1500 Old State Road Mattoon, IL.
What is the asking price?
The asking price for this property is $7,300,000.
What are key features of this property?
This property features: Three industrial properties offered together as one portfolio; 100% leased under NN lease structures; Approximately 62,000 SF across the portfolio
