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- LoopNet Team
711 W Wabash Ave
Effingham, IL 62401
Sherwin-Williams Distribution | Abs NNN · Industrial Property For Sale
INVESTMENT HIGHLIGHTS
- Investment Grade Tenant | Passive Ownership | Highly Improved Asset
- Extremely Productive Facility | Critical to Sherwin's Success | 1 Billion Pounds Delivered in 2018
- Long-Term Operating History at Site | Ideal Business Location | Near Intersection of Major Cross-Country Interstates
PROPERTY FACTS
| Property Type | Industrial | Year Built/Renovated | 1986/2014 |
| Property Subtype | Distribution | Tenancy | Single |
| Building Class | B | Parking Ratio | 0.34/1,000 SF |
| Lot Size | 71.93 AC | Clear Ceiling Height | 29’1” |
| Rentable Building Area | 1,283,360 SF | No. Dock-High Doors/Loading | 60 |
| No. Stories | 1 | ||
| Zoning | M-1 - Manufacturing | ||
| Property Type | Industrial |
| Property Subtype | Distribution |
| Building Class | B |
| Lot Size | 71.93 AC |
| Rentable Building Area | 1,283,360 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1986/2014 |
| Tenancy | Single |
| Parking Ratio | 0.34/1,000 SF |
| Clear Ceiling Height | 29’1” |
| No. Dock-High Doors/Loading | 60 |
| Zoning | M-1 - Manufacturing |
ABOUT 711 W WABASH AVE , EFFINGHAM, IL 62401
The Sherwin Williams Distribution Center is strategically situated in central Illinois with convenient access to major surrounding MSA’s including Chicago (212 miles), Indianapolis (144 miles), and St. Louis (102 miles). The site is also within close proximity to the intersection of two cross-country Interstates (I-57 and I-70), which is how Effingham became known as the "Crossroads of Opportunity." The subject property is one of the largest Sherwin Williams facilities distributing to approximately 1,000 stores and dealers including more than 300 Lowe’s Home Improvement stores and the entire Menard’s Midwest network. In addition, this facility distributes the coatings for the automotive industry nationwide and is the only facility that handles the coatings for the automotive industry, making this specific location very critical to Sherwin's success. The 30-mile trade area is supported by nearly 113,000 residents and more than 56,000 employees. The 10-mile population boasts a 2019 average household income of over $82,000.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $5,594,570 | |
| Land Assessment | $240,360 | Total Assessment | $5,834,930 |
PROPERTY TAXES
