1901 W Evergreen Ave
Effingham, IL 62401
Effingham Transportation Park · Industrial Property For Sale

Marcus & Millichap is pleased to exclusively present the opportunity to acquire The Effingham Transportation Park located at 1901 West Evergreen Avenue in Effingham, Illinois. The subject property consists of two buildings totaling 224,000 square feet and is positioned within an opportunity zone on approximately 46 acres.  The asset is in the northwest submarket of the city featuring a very low 2.2% vacancy rate and is approximate to I-70/I-57 which sees traffic counts in excess of over 39,100 vehicles per day.    At closing, Ownership will sign a 10-Year, Absolute Net lease.  Ownership has occupied the property for thirty-one years and has made significant expansions over the duration of their tenure.  The subject property has 102 dock doors and is zoned as M-1. The property is used as a transportation hub for all major hauling services, wholesale truck bodies and equipment, and repairs and maintenance.   Effingham is quickly becoming one of the preferred locations to lease industrial space due to its respectively low rental rates and its proximity to major highway systems.  The city bills itself as "The Crossroads of Opportunity" because of its location at the intersection of two major Interstate highways: I-57 running from Chicago to Miner, Missouri, and I-70 running from Utah to Maryland.  It is also a major railroad junction, the crossing of the Illinois Central main line from Chicago to Memphis with the Pennsylvania Railroad line from Indianapolis to St. Louis. The subject property consists of two buildings totaling 224,000 square feet, and is positioned within an opportunity zone on approximately 46 acres.  The asset is in the northwest submarket of the city featuring a very low 2.2% vacancy rate, and is approximate to I-70/I-57 which sees traffic counts in excess of over 20,000 vehicles per day.