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    OFF-MARKET
    Distribution centers

    1601 Jefferson St, Springfield, IL 62702

    Property ID
    US28-2950332
    Property summary
    AI-generated overview

    This exceptional 14,010-square-foot warehouse space in Springfield, Illinois, presents a fantastic leasing opportunity. Located at 1601 W Jefferson St, in Sangamon County (zip code 62702), this single-tenant industrial property offers a range of desirable features. The warehouse boasts two loading docks and two grade-level overhead doors, ensuring efficient loading and unloading operations. Inside, you'll find a ceiling height of approximately 19 feet, providing ample vertical space for storage and operations. A private restroom is included for tenant convenience. The property is zoned B-2 General Business Service District. The building owner occupies space in adjacent buildings. The lease price is $6.50 per square foot, translating to a monthly cost of $7,588.75. Heat and electricity are included in the lease, minimizing operational expenses. Furthermore, the parking lot was recently resealed in Spring 2024. This well-maintained property offers a strategic location and functional design, making it ideal for a variety of industrial businesses. Contact us today to schedule a viewing.

    Property profile
    Verified
    Property type Distribution centers
    UPID US28-2950332
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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