100% Leased Industrial Flex Building

Overview

  • Investment Sold
  • 21020 Rand Rd, Deer Park, IL 60010, USA
  • Price: $1,000,000
  • 13,600 sq. ft.

Highlights

  • Great Investment Opportunity
  • Long-Term Leases in Place

Multi-Tenant Industrial Flex Building, 100% Occupied. 13,600 SF, Includes Main Level and 2nd Floor Offices & Storage. Investment opportunity with this multi-tenant brick and steel frame building located just off Rand Road in Deer Park, just south of Lake Zurich and north of Kildeer. Four separate units, each approximately 3,400 SF 1st and 2nd level enclosed office/storage above main office area (SF varies by unit). Several tenants have made extensive buildout to their units for their businesses. Lease terms of 5 to 15 years; with net  operating income of $78,325, cap rate of 7%, and low Lake County taxes, make for high return opportunity for investor.  Approximately 2.5 miles to Rt. 53. Contact Joe H. for additional information or tour date.

 

 

 

 

Photos

Swipe left / right to view more photos

Map