1001 College St, Venice, IL 62060
This exceptional industrial warehouse, located at 1001 College St (Building 7) in Venice, Illinois, offers a significant opportunity for businesses seeking flexible and spacious accommodations. The property, boasting a total of 1,346,268 square feet, features a single-story design with a remarkable 60-foot ceiling height. Currently, 103,125 contiguous square feet of warehouse space is immediately available for lease, with a minimum divisible space of 42,500 square feet. The building underwent extensive renovations in 2022, ensuring modern functionality and efficiency. Built in 1946, this warehouse is zoned for industrial use and features one drive-in door for convenient loading and unloading. Ample parking is provided with 20 spaces available on-site. The property's location in Madison County, Illinois, offers excellent access to major transportation routes, making it an ideal location for distribution and logistics operations. The APN is 211192600000013. This is a rare opportunity to secure a substantial, well-maintained warehouse space in a prime industrial location. The property is ready for immediate occupancy. Contact us today to schedule a viewing.
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.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.