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Service King 1607 W Wernsing Ave 25,000 SF of Industrial Space Available in Effingham, IL 62401
SUBLEASE HIGHLIGHTS
- 12 Grade Level Doors
- 240 volt / 400 amp / 3 phase power
- Ceiling Height of 15'-10" to 20'-8"
- Interstate 57 Access - 1.5 miles
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 25,000 SF | Jun 2033 | $4.50 /SF/YR $0.38 /SF/MO $48.44 /m²/YR $4.04 /m²/MO $9,375 /MO $112,500 /YR | Triple Net (NNN) |
1st Floor
ADDITIONAL PROPERTY HIGHLIGHTS - TRAILER PARKING / STORAGE YARD WITH GATE ENTRANCES - GRADE LEVEL DOORS: (1) 20' X 14', (6) 12' X 14', (3) 14' X 14' & (2) 10' X 10' - OFFICE INCLUDES: 2 PRIVATE OFFICES, CONFERENCE ROOM, BREAK AREA - RADIANT HEAT - FLOOR DRAINS A ND TRENCH DRAINS - AIR COMPRESSOR LINES - ALARM SYSTEM - PARTS ROOM WI TH 2ND FLOOR MEZZANINE/STORAGE AREA - CLEAR HEIGHT UNDER JOIST: 13' - 6" TO 17' - 7" - RESTOOMS: (OFFICE AREA - 2) (WAREHOUSE ARE A - 1)
- Sublease space available from current tenant
- Lease rate does not include utilities, property expenses or building services
- Includes 1,800 SF of dedicated office space
- Security System
- Yard
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 25,000 SF | Gross Leasable Area | 25,000 SF |
| Property Type | Retail | Year Built | 1987 |
| Property Subtype | Auto Repair | Parking Ratio | 1.32/1,000 SF |
| Total Space Available | 25,000 SF |
| Property Type | Retail |
| Property Subtype | Auto Repair |
| Gross Leasable Area | 25,000 SF |
| Year Built | 1987 |
| Parking Ratio | 1.32/1,000 SF |
ABOUT THE PROPERTY
Excellent sub-lease opportunity in central / downstate Illinois that is a market with very low vacancy and available proper es. The property is located in the Effingham Business Park and is ideal as a truck terminal/repair shop or for contractor/industrial end user. Property has easy highway access allowing easy connec on to several major c i es within the Midwest via access I-57 (1.5 miles) to the North & South and I-70 (2 miles) to the East & West. St. Louis : 100 miles, Indianapolis: 130 miles, Chicago: 210 miles, Nashville: 270 miles, Memphis: 325 miles.
- Freeway Visibility
- Signage
NEARBY MAJOR RETAILERS
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Service King | 1607 W Wernsing Ave
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