Industrial Warehouse For Lease

Industrial for Lease
Catylist Listing ID: 30183755
Property Subtypes: Cold Storage, Manufacturing, Light Industrial, Net Leased, Warehouse/Distribution
Contiguous Space: 4,915 SF
Building Size (RSF): 4,915 SF
Gross Land Area: 26,119 SF
Lease Rate: $2.95 PSF (Annual)
Base Monthly Rent: $1,208
Lease Types: Modified Gross
Ceiling: 14 - 18 ft.
Docks/Doors: 1 Dock, 2 Doors
Office SF: 600 SF
Building Name: Morgan Building Maintenance
Usable Size (USF): 4,915 SF
Last Updated: 7/11/2018

Overview / Comments

The area for lease would be ideal for a distribution, warehouse or cold storage. The subject property is only minutes from the Daimler Chrysler Assembly Plant and would work well with an automotive-related tenant.

Constructed in 1900 with an addition in 1951. An office area was remodeled in 1993.

4,195 sq. ft. for lease at $2.95 psf (annual)

Real Estate Taxes $8,835 and tenant only pays 18.63% of the tax bill.

Expand All Available Space

Suite: na 4,915 SF $2.95 PSF (Annual) Modified Gross
Space Available: 4,915 SF
Lease Rate: $2.95 PSF (Annual)
$1,208 (Monthly)
Lease Type: Modified Gross
Date Available: 12/11/2017
Space Type: New
Offices 3
Parking Spaces 8
Tax Expenses $8,835 PSF (Annual)
Ceiling 18 ft. / 14 ft. Clear
Loading Docks 1
Loading Doors 2
Office Space 600 SF

Additional Details

Nearest MSA: Rockford
County: Boone
Taxing Authority: Belvidere
Tax ID/APN: 05-35-177-024
Property Located Between: W. Locust St & W 4th Street
Highway Access: Bypass HWY 20 is one mile south of the subject.
Airports: Chicago Rockford International Airport
Site Description: Improved with gravel parking and drives. Concrete walks provide access to the building.
Area Description: Mixed use with industrial and residential properties, located on the west-central part of Belvidere. Easy access to the subject's market area and provides safe and adequate ingress and egress to the subject site.
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Average
Year Built: 1900
Year Renovated: 1951
Roof Type: Flat
Construction/Siding: Block
Exterior Description: The exterior is masonry construction.
Parking Ratio: 2 (per 1000 SF)
Parking Type: Surface
Parking Description: Onsite gravel parking along the north side of the building.
Total Parking Spaces: 8
Overhead Cranes: Undisclosed
Sprinklers: None
Amps: 400
Volts: 240
Heat Type: Natural Gas
Heat Source: Ceiling Units
Lighting: Fluorescent
Interior Description: This area is for warehouse and/or cold storage with one office. The eave height is 14'-18'. There is one restroom in the warehouse area.
Zoning Description: GI - General Industrial District
Lot Frontage: 198
Lot Depth: 132
Water Service: Municipal
Sewer Type: Municipal
Legal Description: IN OFFICE.

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,523 27,966 37,863
Median Age: 33.65 34.93 37.25
Households: 4,441 9,653 13,187


Photograph of Listing Agent


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