STNL Industrial - 44,442 SF Midwest IOS National Credit Tenant

Highlights:

• Strong Tenant with over $100 million in revenue operating 29 locations
• Absolute net lease structure with no landlord obligations. The Tenant is currently “dark”, but paying rent.
• ±4.4 years of firm term remainin with attractive 3.00% annual rent escalations
• Four (4) buildings totaling +/- 44,442 SF on a +/- 2.72 acre lot
• Well located less than half a mile from I-155 and only 7 miles from I-74

Description:

Ri Marketplace Online Auction December 8th-10th, 2025
Register to bid on Marketplace:

https://rimarketplace.com/auction/2848/stnl-industrial-44-442-sf-midwest-ios-national-credit-tenant?utm_source=brevitas&utm_medium=listing&utm_campaign=external&utm_content=industrial_2848

Marcus & Millichap is pleased to offer for sale a industrial outdoor storage and warehousing facility located at 508 E Pearl Street Tremont, IL 61568 (”Property or Asset”) leased to CrossRoads Building Supply. The in-place lease has ±4.4 years of firm term remaining on an absolute net lease structure with 3.00% annual rent increases, and one (1) 5-year renewal option. Note- The Tenant is currently “dark”, but paying rent.

The Tenant, CrossRoads Building Supply, is a trusted provider of high quality construction materials and supplies. Headquartered in Oakbrook Terrace, IL, CrossRoads operates in 29 locations across six Midwest and Southeast, with sales exceeding $100 million. They offer a wide range of products, including lumber, drywall, roofing materials, and hardware, catering to contractors, builders, and DIY
enthusiasts alike.

The Property totals ±44,442 SF across four buildings. All of the buildings are wood framed with metal panel siding and metal roofing . The site, totaling ±2.72 acres, features asphalt and graveled areas with a Floor Area Ratio (FAR) of 38%, and well-suited for a variety of future uses.

The Asset is in Tremont, IL and a part of the Peoria, IL Metropolitan Statistical Area (MSA), which consists of the area in Central Illinois encompassing Marshall, Peoria, Stark, Tazewell, and Woodford counties. Located in the heart of Illinois, Greater Peoria is a mid-sized metro area with 388,000 residents, a low cost of living and high quality of life. Located right in the middle of the country, the region is a day’s drive to a majority of major US markets. More specifically, the Asset is located off Illinois Route 9, less than half a mile from Interstate 155 and within 7 miles of Interstate 74.


Scott Bowers
c/o Fisher Auction Company Inc.
License: 040000273

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