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130 E Alton Ave 16,800 SF Industrial Building East Alton, IL 62024 $1,200,000 ($71.43/SF) 6.61% Cap Rate
INVESTMENT HIGHLIGHTS
- -Recently renovated warehouse with new roof, HVAC, interior office buildout, and flooring
- -Located in the St. Louis MSA
- -Over 4.7 years of firm lease term remaining with one additional 5-yr option (10% rental increase)
EXECUTIVE SUMMARY
DATA ROOM Click Here to Access
PROPERTY FACTS
| Price | $1,200,000 | Rentable Building Area | 16,800 SF |
| Price Per SF | $71.43 | No. Stories | 1 |
| Sale Type | Investment NNN | Year Built/Renovated | 1965/2017 |
| Cap Rate | 6.61% | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 1.19/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 16’5” |
| Building Class | C | No. Dock-High Doors/Loading | 1 |
| Lot Size | 1.69 AC | No. Drive In / Grade-Level Doors | 1 |
| Zoning | Industrial | ||
| Price | $1,200,000 |
| Price Per SF | $71.43 |
| Sale Type | Investment NNN |
| Cap Rate | 6.61% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 1.69 AC |
| Rentable Building Area | 16,800 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1965/2017 |
| Tenancy | Single |
| Parking Ratio | 1.19/1,000 SF |
| Clear Ceiling Height | 16’5” |
| No. Dock-High Doors/Loading | 1 |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | Industrial |
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
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- Rental and Leasing Services
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99,999 SF
-
$9.99
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Lorem Ipsum
-
Jan 0000
A leader in the equipment rental industry, Sunbelt Rentals is constantly advancing the idea of how a company can best serve its customers, communities and the planet. With a vast network of locations across North America and an expansive portfolio of products and services, they deliver solutions to support any job. Ready to support their clients every step of the way, their knowledgeable and experienced team of problem-solvers is passionate about delivering an unrivaled customer experience. Their vast and highly diversified product portfolio allows their clients to secure the right tools and equipment needed for jobs across a variety of applications, environments or industries. From a single rental to a long-term turnkey solution requiring technical expertise and engineered design, they offer versatility across every phase of a project. No matter the project or location, Sunbelt Rentals is here to serve.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
|
|
Rental and Leasing Services | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
PROPERTY TAXES
| Parcel Number | 19-1-08-21-06-102-002 | Improvements Assessment | $150,860 |
| Land Assessment | $12,260 | Total Assessment | $163,120 |
PROPERTY TAXES
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130 E Alton Ave
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