2402 East Empire Street

Investment Overview

Presenting a prime investment opportunity at 2402 E. Empire Street in Bloomington, Illinois, this approx. 225,000-square-foot multi-tenant industrial distribution facility is situated on a spacious 13.30 acre site. Originally constructed in 1985 and substantially renovated in 2009, the masonry and precast concrete building offers a highly functional layout featuring 18.5’ to 26’ clear heights 16 dock-high doors, 2 drive-in doors, and approximately 15% office finish. The parking ratio is approximately 2 spaces per 1,000 sq ft. There is ample surface parking of approximately 450 spaces. The property boasts excellent visibility and logistics potential, with proximity to I-55, I-74, I-39, and the Central Illinois Regional Airport. As an investment, the asset is 100% occupied by three professional tenants operating primarily under net leases. With recent capital improvements including a TPO roof overlay in 2018 and 2020, this fully leased facility offers stable, in-place cash flow with contractual annual rent escalations, making it a highly attractive, institutional-quality industrial asset.

Investment Highlights

• -Long standing tenants
• -Fully leased, multi-tenant industrial asset
• -Location suited for seamless logistics