For Sale

Lock-Tite Storage

215 Fayette Street & 309 Mechanic,
Pekin, IL 61554

Asset Snapshot

N/A
Industrial Subtype
0.75 Acres
Land Area

Offering Summary

Investment Overview

Introducing a prime investment opportunity at 215 Fayette Street & 309 Mechanic, Pekin, IL. This property features a 31,556 SF building comprising two units, with a host of attractive amenities. At 215 Fayette, the storage units encompass 12,152 sq. ft., including an indoor loading dock, and are currently 40% occupied with 80 units in total. Nearby, 309 Mechanic boasts a 19,404 sq. ft. building fully leased by a long-term tenant. Zoned in the Enterprise Zone South, this property holds substantial potential for an industrial or self-storage investor seeking a robust return on investment in the Pekin area.


Investment Highlights

  • 215 Fayette, Storage Units:
  • 12,152 sq. ft. total w/ indoor loading dock
  • 80 units total & 49 units leased
  • (14) 5' X 5' Units; (13) 5' x 10' Units
  • (25) 10' x 10' Units; (28) 10' x 15' Units
  • 309 Mechanic, Brock Industrial:
  • 19,404 sq. ft. building
  • Fully leased by long-time tenant
  • 1,260 sq. ft. office w/ remaining warehouse
  • Currently in year 2 of 4-year lease term

How it Works

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Listing Syndicated From

Buildout
For Sale
$1,399,000
Asking Price

Investment Sales Broker

Jason Miller
Maloof Commercial Real Estate