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1703 S Veterans Pky 31,000 SF 100% Leased Industrial Building Bloomington, IL 61701 $2,600,000 ($83.87/SF)
Investment Highlights
- 26' tall high ceilings in the warehouse.
- Efficient because of overdone insulation and LED lighting.
- Convenient access for customers and distribution, central within Bloomington/Normal trade area.
- Opportunity for both lease and purchase, accommodating diverse business strategies.
Executive Summary
Ideal for businesses seeking an adaptable footprint or as a potential investment play, the property offers an attractive combination of frontage, exposure to strong traffic flow, and practical layout potential. The existing structure supports demising options, making the asset suitable for multi-tenant scenarios should additional revenue streams be desirable.
Property Facts
| Price | $2,600,000 | Rentable Building Area | 31,000 SF |
| Price Per SF | $83.87 | No. Stories | 1 |
| Sale Type | Investment | Year Built | 1986 |
| Property Type | Industrial | Parking Ratio | 1.18/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 26’ |
| Building Class | B | No. Dock-High Doors/Loading | 3 |
| Lot Size | 3.02 AC | ||
| Zoning | B-1 - General Commercial | ||
| Price | $2,600,000 |
| Price Per SF | $83.87 |
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 3.02 AC |
| Rentable Building Area | 31,000 SF |
| No. Stories | 1 |
| Year Built | 1986 |
| Parking Ratio | 1.18/1,000 SF |
| Clear Ceiling Height | 26’ |
| No. Dock-High Doors/Loading | 3 |
| Zoning | B-1 - General Commercial |
Amenities
- Floor Drains
- Mezzanine
- Security System
- Reception
- Air Conditioning
- Fiber Optic Internet
Utilities
- Lighting
- Gas
- Water
- Sewer
- Heating
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Manufacturing
- -
- -
- -
First, we make it super easy to upload your artwork. Second, we are a one stop shop - both signs and stands, and all the hardware you need to make it work. And, we give great advice. Third, we have a large selection - over 5,000 Sign and Stand products. For example, we have 52 curb signs. Fourth, we offer an extremely fast turnaround on in-stock items - same day. Fifth, we provide custom sign printing - our machines use less energy (green) and the artwork will adhere better to the plastic. Now, couple all of that with unbelievable prices. Come visit us at Signs Direct or get our printed catalog (quick reference and you can easily take it to meetings).
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Manufacturing | - | - | - |
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
This building is very efficient. The previous owners, Midwest Food Bank, insulated it well so that it could accommodate food storage without the food getting moldy. We've upgraded some HVAC and switched all the warehouse lighting to LED and added a 3rd bathroom. Rent shown is based on using 9,494 sq ft of industrial flex space/warehouse. We're open to negotiating other configurations.
| Space | Size | Space Use | Build-Out | Available |
| 1st Floor | 5,000-15,000 SF | Flex | Full Build-Out | 90 Days |
1st Floor
| Size |
| 5,000-15,000 SF |
| Space Use |
| Flex |
| Build-Out |
| Full Build-Out |
| Available |
| 90 Days |
1st Floor
| Size | 5,000-15,000 SF |
| Space Use | Flex |
| Build-Out | Full Build-Out |
| Available | 90 Days |
This building is very efficient. The previous owners, Midwest Food Bank, insulated it well so that it could accommodate food storage without the food getting moldy. We've upgraded some HVAC and switched all the warehouse lighting to LED and added a 3rd bathroom. Rent shown is based on using 9,494 sq ft of industrial flex space/warehouse. We're open to negotiating other configurations.
Property Taxes
| Parcel Number | 21-10-376-029 | Improvements Assessment | $344,223 |
| Land Assessment | $104,747 | Total Assessment | $448,970 |
Property Taxes
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1703 S Veterans Pky
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