Office/Warehouse Investment Opportunity
$9,500,000
1901 E Voorhees St Danville, IL 61834
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About this listing
Situated in Central Illinois, Danville is five miles west of the Illinois-Indiana border, 90 miles west of Indianapolis, and about 140 miles south of Chicago.
1901 East Voorhees Street is a 399,045 SF Class B, multi-tenant, office/warehouse building located in Danville, IL (Vermilion County) within an Opportunity Zone. The Building was constructed in 1964 and sits on 40.5 acres. Genpact LLC (NYSE ticker “G”) is the current owner of the Building and will sign a 5-year lease to remain in approximately 35,000 SF of the building prior to Closing. There is additional land on the north side for potential future building expansion.
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Cap Rate
6.62%
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Building Size
399,045 sqft
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Lot Area
40.5 acres
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Year Built
1964
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Zoning
I-2 Heavy Industrial
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Parking Spots
770
DESCRIPTION
- • Lot Dimension: 1187x1389
- • Annual Tax: $ 205557.0
- • Age: Over 50 Years Old
- • Lot Size: 20-50 Acres
