2551 College Ave, Normal, IL 61761
This exceptional industrial property, located at 2551 W College Ave in Normal, Illinois, presents a significant opportunity. The single-tenant warehouse boasts a substantial 117,600 square feet of space, with 35,000 square feet currently available. Built in 1990, the building sits on a generous 6-acre lot in McLean County and features a desirable 28-foot ceiling height, ideal for various industrial uses. The property includes 5 loading docks for efficient material handling. Its prime location offers unparalleled convenience, with easy access to a vibrant array of dining establishments including Medici, BraiZe, and Avanti's Italian Restaurant. Beyond the culinary scene, the property benefits from proximity to major shopping destinations such as College Hills Mall and the recreational amenity of the Constitution Trail. Families will appreciate the nearby Children's Discovery Museum and the attractions of Uptown Normal Circle. The property's strategic location and substantial size make it an attractive investment for businesses seeking a well-situated and functional warehouse space in a thriving community. The zip code is 61761.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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