This real estate is a part of the Eastgate Industrial Park which can be found on the east side of Danville. With easy I-74 access at Exit 220 this location is practically ideal for businesses that expect high shipping traffic. The surrounding tenants include McLane, AutoZone, Allied Signs, and many more.
Attractive warehouse investment opportunity. This site has a total building size of 110,519 SF, with 103,064 SF of warehouse area and 7,455 SF of office area. The warehouse area is fully occupied, with 7,455 SF of office space still available for lease. For information on the space available for lease,click HERE.Financial Information:Gross Income – $235,854 Expenses – $116,786 Net Income – $119,068 Cap Rate – 10% Vacancy – 22.6% Potential Net Income – $317,523 Potential Cap Rate – 16.5%
- Property Type
Industrial
- Year Built
1970
- Total Building Size
110,519RSF
- Total Acres
11.54
- Total Available
110,519RSF
- Largest Contiguous
110,519RSF
- Zoning
I-2 Heavy Industrial
- Property ID
374514
