1906 FERRO DRIVE, New Lenox, IL 60451
1906 FERRO DRIVE, New Lenox, IL 60451
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Commercial property for sale
- Description
- SOLID 12,600 SF BUILDING ON 1.25 ACRE LOT. TENANT MAY VACATE IF AN OWNER/USER WANTS TO BUY THE BUILDING. CURRENTLY LEASED TO A STRONG TENANT THROUGH 12/2015 W/ ANNUAL RENT INCREASES & CAP RATE OF 8.7%. CAP RATE GOES TO 9.0% IN JANUARY 2014. TENANT RESPONSIBLE FOR MAINTENANCE & REPAIRS. BUILDING HAS A/C & HEAT IN WAREHOUSE & OFFICE AREA. ALSO HAS 6 RESTROOMS & KITCHEN. HAS 200 AMP, 3 PHASE POWER. 400 WATT METAL HALIDE LIGHT FIXTURES WITH 18 FOOT CEILING HEIGHT. EASY ACCESS TO HIGHWAYS. Building price details: $829,900.
- Exterior Features
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Parking: Yes Parking Spaces: 35 Parking Type: Surface - Map Locations
- Contact info
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Ruben Vallejo708-429-4300 [Office]RE/MAX Synergy
- Note
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- Property Details
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Property Type: Industrial Use Types: Free-Standing, Industrial-Business Park, Manufacturing, Light Industrial Status: Available Price: $ 66 +/SF Number of Stories: 1 Year Built: 2000 MSA: Chicago-Joliet-Naperville Zoning: I-1 Buildings: 1 Tenancy: Single Tenant Broadband Internet: T1/T3 Construction: Metal Siding Terms: Cash to Seller Added: 11/05/2012 Last Update: 08/27/2013