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    101 Mercury Dr Champaign, IL 61822

    Sponsored
    For Lease
    $5 SF/Yr

    Modern industrial warehouse, 38,677 SF available

    Lot size:
    131,004 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This Class A, 38,677-square-foot warehouse space in Champaign, Illinois, is part of a larger 131,004-square-foot facility, offering immediate occupancy in October 2024. Located within the prestigious Apollo Subdivision Industrial park, this property boasts a prime location, just two miles south of Interstate 57 and within three miles of Interstates 74 and 72, providing excellent access to major transportation routes. The space features 30' clear height ceilings, 48' x 40' column spacing, an ESFR sprinkler system, an 8" interior slab, and robust power (2,000 A/480V/3 Phase). Two restrooms and four dock-high doors (DHD) along with two drive-in doors (DID) are included. The landlord is willing to customize the space to meet tenant needs. The building benefits from redundant fiber connectivity through UC2B, Comcast, and AT&T. The Apollo Subdivision, established in 1996, is a thriving industrial park encompassing over 500 acres and home to numerous well-established businesses, creating a strong and supportive business community. Champaign's strategic location offers easy access to major cities including Chicago, St. Louis, Indianapolis, Peoria, Bloomington, Springfield, and Decatur, further enhancing the property's appeal. The property is zoned I-2 Heavy Industrial, ensuring flexibility for a wide range of industrial uses. This exceptional warehouse space presents a unique opportunity for businesses seeking a modern, well-located, and adaptable facility in a thriving industrial park.

    Property Features for 101 Mercury Dr

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    131,004 SF
    Class
    A
    Total Rate
    62772.75

    Building Details

    Year Built
    2006

    Unit(s) available at that property

    Space
    Bay 4-7
    Size
    38,677 SF
    Rate per SF
    $5

    HighLights

    • Class A, 38,677 SF warehouse space available for immediate occupancy in October 2024.
    • Office/warehouse space in the Apollo Subdivision Industrial Park.
    • ESFR sprinkler system.
    • 93 parking spaces.
    • 8" interior slab.
    • Within 2 miles of I‑57, and within 3 miles of I‑74 and I‑72.
    Property Profile Location Intelligence

    Current Use by Public Records

    Artisan Scientific Corporation Electronics Store Artisan Technology Group Electronics Company Clarkson Gas Station

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Champaign
    County
    Champaign
    State
    Illinois
    Longitude
    -88.23805
    Latitude
    40.14825

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    FAQs

    What type of property is this?
    Distribution property - Modern industrial warehouse, 38,677 SF available
    Where is this distribution property located?
    The property is located at 101 Mercury Dr Champaign, IL.
    What is the lease rate?
    The lease rate is $5 SF/Yr.
    What are key features of this property?
    This property features: Class A, 38,677 SF warehouse space available for immediate occupancy in October 2024.; Office/warehouse space in the Apollo Subdivision Industrial Park.; ESFR sprinkler system.
    Request Owner's contact information
    101 Mercury Dr Champaign, IL 61822
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    101 Mercury Dr Champaign, IL 61822
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