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2201-2349 E Hubbard Ave
Decatur, IL 62526
Park 101 Building 1 · Industriel Propriété À vendre
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Faits saillants de l'investissement
- Stabilized multi-tenant small-bay industrial investment opportunity
- Flexible suite configurations catering to a wide range of small to mid-size tenants
- Proximity to Decatur Airport and Norfolk Southern rail lines supporting logistics demand
- Desirable infill location within Decatur’s established industrial submarket, near ADM, Caterpillar, and multiple regional distribution hubs
- Excellent access to U.S. Route 36 and Interstate 72 connecting to Springfield and Champaign
- Strong market fundamentals with limited new construction and stable occupancy levels | Attractive basis priced at $56.85/SF
Résumé de l'annonce
The Doughty Industrial Group of Marcus & Millichap is pleased to present for sale the fee-simple interest in 2201–2349 E Hubbard Avenue, located in Decatur, Illinois. The subject property totals approximately 63,322 square feet of functional small-bay industrial space across multiple suites. The property is currently stabilized with a diverse tenant mix, providing reliable cash flow and strong leasing momentum in a market characterized by limited supply of comparable product.
Strategically located within Decatur’s established industrial corridor, the property benefits from direct access to U.S. Route 36 and Interstate 72, providing convenient regional connectivity to Springfield, Champaign, and Bloomington. The site is surrounded by established logistics, manufacturing, and agricultural processing users, including ADM, Caterpillar, and Tate & Lyle, reinforcing the area’s long-standing industrial base and tenant demand.
The purchase of this offering provides investors with an opportunity to acquire a cash-flowing, multi-tenant industrial asset in a Central Illinois market supported by strong industrial fundamentals and limited new supply. At the current list price of $3,600,000 the offering generates an NOI of $282,264 which equates to a capitalization rate of 7.84%.
Strategically located within Decatur’s established industrial corridor, the property benefits from direct access to U.S. Route 36 and Interstate 72, providing convenient regional connectivity to Springfield, Champaign, and Bloomington. The site is surrounded by established logistics, manufacturing, and agricultural processing users, including ADM, Caterpillar, and Tate & Lyle, reinforcing the area’s long-standing industrial base and tenant demand.
The purchase of this offering provides investors with an opportunity to acquire a cash-flowing, multi-tenant industrial asset in a Central Illinois market supported by strong industrial fundamentals and limited new supply. At the current list price of $3,600,000 the offering generates an NOI of $282,264 which equates to a capitalization rate of 7.84%.
Faits sur la propriété
| Type de vente | Investissement | Aire du bâtiment louable | 63 000 pi² |
| Taux de capitalisation | 7,84% | Nombre d’étages | 1 |
| Type de propriété | Industriel | Année de construction | 1977 |
| Sous-type de propriété | Entrepôt | Effacer hauteur du plafond | 14’8” |
| Classe d’immeuble | C | Nbre d’entrées dans les portes/au niveau du sol | 12 |
| Taille du lot | 6,05 AC | ||
| Zonage | M1 - Intense commerciale/Industrielle légère | ||
| Type de vente | Investissement |
| Taux de capitalisation | 7,84% |
| Type de propriété | Industriel |
| Sous-type de propriété | Entrepôt |
| Classe d’immeuble | C |
| Taille du lot | 6,05 AC |
| Aire du bâtiment louable | 63 000 pi² |
| Nombre d’étages | 1 |
| Année de construction | 1977 |
| Effacer hauteur du plafond | 14’8” |
| Nbre d’entrées dans les portes/au niveau du sol | 12 |
| Zonage | M1 - Intense commerciale/Industrielle légère |
Impôts fonciers
| Numéro de lot | 07-07-36-403-002 | Évaluation des bâtiments | 618 262 $ CAD |
| Évaluation du terrain | 177 227 $ CAD | Évaluation totale | 795 489 $ CAD |
Impôts fonciers
Numéro de lot
07-07-36-403-002
Évaluation du terrain
177 227 $ CAD
Évaluation des bâtiments
618 262 $ CAD
Évaluation totale
795 489 $ CAD
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