204 Eastgate Dr, Danville, IL

Office for Lease - $5/SqFt/Year - 110,519 SqFt Available


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Agent Info

NameLarry Kuchefski
CompanyColdwell Banker Commercial Devonshire Realty

Property Info

CIMLS #448156
Location204 Eastgate Dr
Danville IL 61834
Last UpdatedAugust 9th, 2018
TypeOffice
Price$5/SqFt/Year
Building110,519 SqFt

Contact


Property Description

Attractivewarehouse investment opportunity. This site has a total building size of 110,519 SF, with 103,064 SF of warehouse area and 7,455 SF of office area. The warehouse area is fully occupied, with 7,455 SF of office space still available for lease.Financial Information:Gross Income –$287,743Expenses – $119,375Net Income – $168,368Cap Rate – 11.6%Vacancy – 7%Potential Net Income – $317,523Potential Cap Rate – 13.7%


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