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The Value-Add McHenry Corporate Center IV 1391 Corporate Dr 66,408 SF 36% Leased Office Building Mchenry, IL 60050 $3,000,000 ($45.18/SF)
INVESTMENT HIGHLIGHTS
- The McHenry Corporate Center IV located at 1391 Corporate Drive presents the market a rare opportunity to acquire a flex asset in McHenry, Illinois.
- Opportunity to acquire a 35% leased office asset, presenting new ownership in-place cash flow with value-add upside through lease-up or usership.
- Property includes 10,000 square feet of warehouse space with a drive-in and a dock-high door allowing distribution tenancy.
- Centralized location between three major metropolitan areas, including Chicago, Rockford, and Milwaukee.
- Within 5 miles there is a robust population of over 306,000 people who earn over $112,000 a year per household creating a strong work force.
- Property is located in the business park adjacent to major medical in McHenry including Northwestern and Mercy with potential for medical uses.
EXECUTIVE SUMMARY
DATA ROOM Click Here to Access
- Offering Memorandum
- Operating and Financials
- Purchase Agreement
- Third Party Reports
- Title and Insurance
- Miscellaneous
PROPERTY FACTS
AMENITIES
- Air Conditioning
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- CC Services, Inc.--Country Financial
- -
-
99,999 SF
- -
-
Jan 0000
- HR Green, Inc.
- -
-
99,999 SF
- -
-
Jan 0000
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| CC Services, Inc.--Country Financial | - | 99,999 SF | - | Jan 0000 | ||
| HR Green, Inc. | - | 99,999 SF | - | Jan 0000 |
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
Corporate Headquarters facility Major Common Area Upgrades in 2021 Potential Uses: Office, Medical Office, Call Center, Production, etc. High Quality Finishes with Natural Light Fully Furnished, Turnkey Space Available
Corporate Headquarters facility Major Common Area Upgrades in 2021 Potential Uses: Office, Medical Office, Call Center, Production, etc. High Quality Finishes with Natural Light Fully Furnished, Turnkey Space Available
Corporate Headquarters facility Major Common Area Upgrades in 2021 Potential Uses: Office, Medical Office, Call Center, Production, etc. High Quality Finishes with Natural Light Fully Furnished, Turnkey Space Available
Corporate Headquarters facility Major Common Area Upgrades in 2021 Potential Uses: Office, Medical Office, Call Center, Production, etc. High Quality Finishes with Natural Light Fully Furnished, Turnkey Space Available
Corporate Headquarters facility Major Common Area Upgrades in 2021 Potential Uses: Office, Medical Office, Call Center, Production, etc. High Quality Finishes with Natural Light Fully Furnished, Turnkey Space Available
| Space | Size | Space Use | Condition | Available |
| 1st Fl-Ste 102 | 2,769 SF | Office | Partial Build-Out | Now |
| 1st Fl-Ste 103 | 7,676 SF | Office | Full Build-Out | Now |
| 1st Fl-Ste 104 | 3,921 SF | Office | Partial Build-Out | Now |
| 1st Fl - 105 | 6,348 SF | Industrial | Partial Build-Out | Now |
| 2nd Fl-Ste 201 | 17,815 SF | Office | - | Now |
| 2nd Fl-Ste 202 | 4,282 SF | Office | Partial Build-Out | Now |
1st Fl-Ste 102
| Size |
| 2,769 SF |
| Space Use |
| Office |
| Condition |
| Partial Build-Out |
| Available |
| Now |
1st Fl-Ste 103
| Size |
| 7,676 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 104
| Size |
| 3,921 SF |
| Space Use |
| Office |
| Condition |
| Partial Build-Out |
| Available |
| Now |
1st Fl - 105
| Size |
| 6,348 SF |
| Space Use |
| Industrial |
| Condition |
| Partial Build-Out |
| Available |
| Now |
2nd Fl-Ste 201
| Size |
| 17,815 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
2nd Fl-Ste 202
| Size |
| 4,282 SF |
| Space Use |
| Office |
| Condition |
| Partial Build-Out |
| Available |
| Now |
1st Fl-Ste 102
| Size | 2,769 SF |
| Space Use | Office |
| Condition | Partial Build-Out |
| Available | Now |
Corporate Headquarters facility Major Common Area Upgrades in 2021 Potential Uses: Office, Medical Office, Call Center, Production, etc. High Quality Finishes with Natural Light Fully Furnished, Turnkey Space Available
1st Fl-Ste 103
| Size | 7,676 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
Corporate Headquarters facility Major Common Area Upgrades in 2021 Potential Uses: Office, Medical Office, Call Center, Production, etc. High Quality Finishes with Natural Light Fully Furnished, Turnkey Space Available
1st Fl-Ste 104
| Size | 3,921 SF |
| Space Use | Office |
| Condition | Partial Build-Out |
| Available | Now |
Corporate Headquarters facility Major Common Area Upgrades in 2021 Potential Uses: Office, Medical Office, Call Center, Production, etc. High Quality Finishes with Natural Light Fully Furnished, Turnkey Space Available
1st Fl - 105
| Size | 6,348 SF |
| Space Use | Industrial |
| Condition | Partial Build-Out |
| Available | Now |
Corporate Headquarters facility Major Common Area Upgrades in 2021 Potential Uses: Office, Medical Office, Call Center, Production, etc. High Quality Finishes with Natural Light Fully Furnished, Turnkey Space Available
2nd Fl-Ste 201
| Size | 17,815 SF |
| Space Use | Office |
| Condition | - |
| Available | Now |
2nd Fl-Ste 202
| Size | 4,282 SF |
| Space Use | Office |
| Condition | Partial Build-Out |
| Available | Now |
Corporate Headquarters facility Major Common Area Upgrades in 2021 Potential Uses: Office, Medical Office, Call Center, Production, etc. High Quality Finishes with Natural Light Fully Furnished, Turnkey Space Available
PROPERTY TAXES
| Parcel Number | 14-10-201-006 | Improvements Assessment | $539,424 |
| Land Assessment | $221,197 | Total Assessment | $760,621 |
PROPERTY TAXES
Presented by
The Value-Add McHenry Corporate Center IV | 1391 Corporate Dr
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