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1041-1051 E Garfield Avenue, Decatur, IL 2 biens • Industriel • À vendre 899 203 $ CAD • Decatur, IL


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FAITS SAILLANTS DE L'INVESTISSEMENT
- Fully leased industrial buildings with stable, long-term tenants in place
- NNN and gross lease structures with renewals through Spring 2028
- Located in the Opportunity Zone
- Recent capital improvements: roof, HVAC, water main, and LED lighting
- Zoned M-2 with rail adjacency and strong access to major transport routes
RÉSUMÉ DE L'ANNONCE
Secure a strong, income-producing asset with this rare offering of two fully leased industrial buildings located in Decatur’s well-established industrial district. Zoned M-2 for heavy industrial use, these properties are ideally suited for a wide range of manufacturing, distribution, and service-related operations.
Both buildings are well-maintained, with stable, long-term tenants in place, offering immediate and reliable cash flow. Recent capital improvements include a new roof, water main, HVAC upgrades, and interior LED lighting — minimizing near-term maintenance costs and enhancing operational efficiency.
1041 E Garfield directly abuts the CN rail line and was previously rail-served via a spur (currently inactive, as the existing tenant does not require rail access). The building is leased to a national tenant on a NNN lease, providing a passive investment structure. 1051 E Garfield is leased under a gross lease. Both tenants have recently renewed their leases, extending terms through Spring 2028, further strengthening the asset’s income stability.
This offering presents an exceptional opportunity to acquire a turn-key industrial investment with built-in income, long-term growth potential, and strategic location advantages — including proximity to major transportation routes and infrastructure.
Both buildings are well-maintained, with stable, long-term tenants in place, offering immediate and reliable cash flow. Recent capital improvements include a new roof, water main, HVAC upgrades, and interior LED lighting — minimizing near-term maintenance costs and enhancing operational efficiency.
1041 E Garfield directly abuts the CN rail line and was previously rail-served via a spur (currently inactive, as the existing tenant does not require rail access). The building is leased to a national tenant on a NNN lease, providing a passive investment structure. 1051 E Garfield is leased under a gross lease. Both tenants have recently renewed their leases, extending terms through Spring 2028, further strengthening the asset’s income stability.
This offering presents an exceptional opportunity to acquire a turn-key industrial investment with built-in income, long-term growth potential, and strategic location advantages — including proximity to major transportation routes and infrastructure.
FAITS SUR LA PROPRIÉTÉ
| Prix | 899 203 $ CAD | Nombre de propriétés | 2 |
| Prix/pi² | 52,42 $ CAD / pi² | Individuellement en vente | 0 |
| Taux de capitalisation | 8,58% | Taille totale du bâtiment | 17 154 pi² |
| Type de vente | Investissement | Superficie totale du terrain | 2,39 AC |
| Statut | Actif |
| Prix | 899 203 $ CAD |
| Prix/pi² | 52,42 $ CAD / pi² |
| Taux de capitalisation | 8,58% |
| Type de vente | Investissement |
| Statut | Actif |
| Nombre de propriétés | 2 |
| Individuellement en vente | 0 |
| Taille totale du bâtiment | 17 154 pi² |
| Superficie totale du terrain | 2,39 AC |
PROPRIÉTÉS
| NOM DE LA PROPRIÉTÉ/ADRESSE | TYPE DE PROPRIÉTÉ | TAILLE | ANNÉE DE CONSTRUCTION | PRIX INDIVIDUEL |
|---|---|---|---|---|
| 1041 E Garfield Ave, Decatur, IL 62526 | Industriel | 8 624 pi² | 1965 | - |
| 1051 E Garfield Ave, Decatur, IL 62526 | Industriel | 8 530 pi² | 1958 | - |
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1041-1051 E Garfield Avenue, Decatur, IL
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