Net Leased Multi-Tenant Industrial

4645-65 North 25th Ave & 9865 Leland Ave, Schiller Park, IL
Deal Type:
Multi-Tenant
Price:
$1,950,000
Current Rent:
$151,669
Lease Type:
Modified Gross
Landlord Responsibilities:
Refer to OM
Renewal Options:
Refer to OM
Building Sq. Ft.:
25,800 SF
Rent Increases:
Refer to OM
Site Size:
1.05 Acres
  • net leased industrial stream capital partners
  • net leased industrial stream capital partners
  • net leased industrial stream capital partners
  • net leased industrial stream capital partners

Investment Highlights

  • O’Hare Industrial Submarket: Rare opportunity to acquire an industrial building located near Chicago’s O’Hare International Airport.
  • Long Term Occupancy: The property is occupied by 4 tenants, with 3/4 of the tenants having occupied the premises since the 1990’s, showing a long-term commitment to the site and customer base.
  • New Roof: The roof was replaced in 2020 and features a 20-year warranty, limiting an owner’s CAPX exposure.
  • Future Upside Potential: Short term leases with modified gross structures allow a buyer to add value in the future by converting leases to NNN with new tenants, should any current tenants vacate.

Listing Agents

Graham Gold
314 324 8792
[email protected]
owen mcnulty stream capital partners

Owen McNulty

Senior Associate
708 601 3087
[email protected]

Jonathan Wolfe

Managing Principal
312 310 2798
[email protected]

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