1 Perigen Ln | Granite City, IL 62040
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1 Perigen Ln
Granite City, IL 62040
JTO Storage · Specialty Property For Sale
·
15,592 SF
Investment Highlights
- Opportunity to implement and improve ancillary income streams such as tenant insurance program, administrative, and late fees
- High yielding upon stabilization with a Year 2 cap rate of 10.65% and Year 3 cap rate of 11.66%
- Opportunity to convert parking canopies into more individual storage units
- Ability to increase rents on existing tenants immediately
- The facility is fully fenced and secured with security cameras
Property Facts
| Property Type | Specialty | Building Size | 15,592 SF |
| Property Subtype | Self-Storage | No. Stories | 1 |
| Building Class | B | Year Built | 2011 |
| Lot Size | 1.38 AC |
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | B |
| Lot Size | 1.38 AC |
| Building Size | 15,592 SF |
| No. Stories | 1 |
| Year Built | 2011 |
Property Taxes
| Parcel Number | 17-2-20-16-04-402-002 | Improvements Assessment | $147,070 |
| Land Assessment | $22,700 | Total Assessment | $169,770 |
Property Taxes
Parcel Number
17-2-20-16-04-402-002
Land Assessment
$22,700
Improvements Assessment
$147,070
Total Assessment
$169,770
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