1601 Jefferson St, Springfield, IL 62702
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.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.