1500 Ft Jesse Rd, Normal, IL 61761-1995

This exceptional industrial property, located at 1500 Fort Jesse Road in Normal, Illinois, presents a compelling investment opportunity. The 323,666 square foot facility sits on a substantial 32.14-acre lot and boasts a 7.37% cap rate with a strong NOI of $950,865. Currently 100% occupied by two long-term tenants, the property offers significant income stability. Tenant 1 occupies approximately 18,190 square feet of newly renovated office space, while Tenant 2 occupies roughly 300,000 square feet of warehouse space. The building features 38 dock-high doors, providing efficient loading and unloading capabilities, and also includes two drive-in bays. Its strategic location in McLean County, Illinois, offers easy access to major interstates, facilitating seamless distribution between Chicago, St. Louis, and Indianapolis. Built in 1974, the property is zoned M-1 and provides ample parking for semis and delivery vehicles, enhancing operational efficiency. This multi-tenant industrial asset represents a rare opportunity to acquire a high-performing, fully occupied property with significant upside potential. The asking price is $12,900,000. The property's cross-docking capabilities further optimize transportation logistics.