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3620 Borgen Dr
Danville, IL 61834
New FedEx Ground Distribution Building · Industrial Property For Sale
Investment Highlights
- Cash on Cash Year 1 - 7.33% / Cash on Cash Beginning Month 25 - 8.14%
- 7 Year + Remaining Term
- 2X Operational Expansion Capability within the Building
- 10 Year Original Lease Term
- FedEx S&P BBB Bond Rating
- Multiple Global Brand Manufacturing and Distribution Facilities in Danville
Property Facts
| Property Type | Industrial | Year Built | 2023 |
| Property Subtype | Distribution | Tenancy | Single |
| Building Class | A | Parking Ratio | 0.2/1,000 SF |
| Lot Size | 42.57 AC | Clear Ceiling Height | 32’ |
| Rentable Building Area | 217,323 SF | No. Dock-High Doors/Loading | 44 |
| No. Stories | 1 | ||
| Zoning | I - Industrial | ||
| Property Type | Industrial |
| Property Subtype | Distribution |
| Building Class | A |
| Lot Size | 42.57 AC |
| Rentable Building Area | 217,323 SF |
| No. Stories | 1 |
| Year Built | 2023 |
| Tenancy | Single |
| Parking Ratio | 0.2/1,000 SF |
| Clear Ceiling Height | 32’ |
| No. Dock-High Doors/Loading | 44 |
| Zoning | I - Industrial |
Utilities
- Lighting
- Water
- Sewer
Property Taxes
| Parcel Number | 24-18-300-029 | Improvements Assessment | $4,889,108 |
| Land Assessment | $391,674 | Total Assessment | $5,280,782 |
Property Taxes
Parcel Number
24-18-300-029
Land Assessment
$391,674
Improvements Assessment
$4,889,108
Total Assessment
$5,280,782
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