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Historical Industrial Lease Listing - Princeton Manufacturing Warehouse

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Princeton Manufacturing Warehouse

525 Elm Place, Princeton, IL 61356

525 Elm Place

525 Elm Place

  • 197,501 SF
  • N/A
  • Industrial
  • Warehouse
  • Manufacturing
    Distribution Warehouse
  • 197,501 SF
  • 1950
  • 23 AC
  • M1
    • Trailer Parking
    • Heating is available
    • Electricity/Power
    • Rail
    • Sprinklers
Last Verified  4/8/2010 Listing ID  14366462

1 Space

Space 1

  • 197,501 SF
  • N/A
  • Warehouse
  • NNN

Highlights

  • Well below market lease rates
  • Power capacity exceeds 4,000 amps
  • Maximum Ceiling clearance 20'-25'
  • Enterprise Zone
  • Sprinklered
  • Rail access

Description

Where else can you buy a building on 23 acres of land for $4.50 psf? Ideal property for manufacturing, warehouse or distribution facility. Property was expanded in 1960, 1970 and 1983. Ceiling heights range from 14' to 25'. Approximately 30,000 sq ft is freespan with 25' ceiling clearance. The property is situated within minutes of Interstate 80, Interstate 180, Highway 34 and Highway 6 and connected via a spur line directly to the Burlington Northern Santa Fe Rail Line.

Located 115 miles west of Chicago and 60 miles east of the Quad Cities within the city of Princeton's Enterprise Zone which provides property tax abatements, sales tax credits and investment tax credits for qualified expansions or new construction.

Map of 525 Elm Place, Princeton, IL 61356 (Bureau County)

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Created 10/12/2005

The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. TB-P