201 Industrial Ct | Urbana, IL 61802
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- LoopNet Team
201 Industrial Ct
Urbana, IL 61802
Industrial Property For Sale
INVESTMENT HIGHLIGHTS
- Strong Credit Tenants (Foundation Building Materials and University of Illinois)
- 15 years remaining on FBM lease with $.25 SF increases every 5 years
- Significant parking and land size (3.75 acres)
- Low rents per square foot
- Easy access from I-74 and located within industrial park across from Walmart
- FBM was recently acquired (Feb 2021) by American Securities for $1.4B cash
PROPERTY FACTS
| Property Type | Industrial | Rentable Building Area | 30,000 SF |
| Property Subtype | Warehouse | No. Stories | 1 |
| Building Class | B | Year Built | 2005 |
| Lot Size | 3.75 AC | Clear Ceiling Height | 24’ |
| Zoning | IN | ||
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 3.75 AC |
| Rentable Building Area | 30,000 SF |
| No. Stories | 1 |
| Year Built | 2005 |
| Clear Ceiling Height | 24’ |
| Zoning | IN |
PROPERTY TAXES
| Parcel Number | 91-21-15-226-027 | Improvements Assessment | $386,070 |
| Land Assessment | $161,980 | Total Assessment | $548,050 |
PROPERTY TAXES
Parcel Number
91-21-15-226-027
Land Assessment
$161,980
Improvements Assessment
$386,070
Total Assessment
$548,050
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