Champaign Warehouse for rent

Warehouse Description

This warehouse is situated in an industrial hub in Champaign, Illinois, near major corporations like Amazon and WESCO. It features a vast 150,000 square foot space with a height of 32 feet, ideal for warehousing, manufacturing, or distribution. The property is on approximately 2 acres with ample room for expansion and a favorable FAR of 0.17.

The tenant, Premier Print Group, has guaranteed a 7-year Absolute Net Lease (NNN) with annual rent increases of 1.0%. The lease includes two 5-year options, providing long-term stability. The tenant boasts strong financials and high profit margins, ensuring reliable rent payments.

The warehouse's interior is equipped with essential amenities, including 10 dock doors, 4 drive-in doors, and 2 loading ramps. It has LED lighting, an ESFR sprinkler system, HVAC, and 3-phase electrical service for efficient operations.

Externally, there is a secured perimeter with fencing, a concrete truck court for easy maneuvering, and ample parking for trucks and cars. The property has rail access nearby for additional transportation options.

Furthermore, the warehouse has 10,000 square feet of office space, mezzanines for extra storage, cross-docking capabilities, a truck scale, and high-speed internet. It is conveniently located near major highways and transportation hubs, ensuring efficient logistics and connectivity.

Regarding sustainability, the warehouse employs energy-efficient systems and has measures in place for recycling and water conservation. It is positioned in a high-demand market with limited similar properties, presenting a unique opportunity for investors to acquire a valuable asset in a supply-constrained area.