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20604 Burl Ct 5,500 SF 100% Leased Industrial Building Joliet, IL 60433 $2,944,000 ($535.27/SF) 6.75% Cap Rate
Executive Summary
NOI: $198,720
6.75% Cap Rate
5-Year NNN Lease
3.5% Annual Rent Escalations (17.5% Total During Initial Term)
Owner Financing Available
Property Features:
5,500 SF Warehouse
1,000 SF Office
Two 14' Drive-In Doors (Drive-Through Configuration)
18' Clear Height
200 Amp / 240V / 3-Phase Power
Industrial Yard
6.75% Cap Rate
5-Year NNN Lease
3.5% Annual Rent Escalations (17.5% Total During Initial Term)
Owner Financing Available
Property Features:
5,500 SF Warehouse
1,000 SF Office
Two 14' Drive-In Doors (Drive-Through Configuration)
18' Clear Height
200 Amp / 240V / 3-Phase Power
Industrial Yard
Property Facts
| Price | $2,944,000 | Lot Size | 1.50 AC |
| Price Per SF | $535.27 | Rentable Building Area | 5,500 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 6.75% | Year Built | 1985 |
| Property Type | Industrial | Clear Ceiling Height | 24’ |
| Property Subtype | Manufacturing | No. Drive In / Grade-Level Doors | 3 |
| Building Class | C | ||
| Zoning | Industrial - Unincorporated Will County. I-1 zoning. | ||
| Price | $2,944,000 |
| Price Per SF | $535.27 |
| Sale Type | Investment |
| Cap Rate | 6.75% |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | C |
| Lot Size | 1.50 AC |
| Rentable Building Area | 5,500 SF |
| No. Stories | 1 |
| Year Built | 1985 |
| Clear Ceiling Height | 24’ |
| No. Drive In / Grade-Level Doors | 3 |
| Zoning | Industrial - Unincorporated Will County. I-1 zoning. |
Amenities
- 24 Hour Access
- Fenced Lot
- Floor Drains
- Security System
- Signage
- Reception
- Storage Space
- Monument Signage
- Air Conditioning
- Smoke Detector
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Somewhat walkable
20/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 15-08-18-302-006 | Improvements Assessment | $40,871 |
| Land Assessment | $15,206 | Total Assessment | $56,077 |
Property Taxes
Parcel Number
15-08-18-302-006
Land Assessment
$15,206
Improvements Assessment
$40,871
Total Assessment
$56,077
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20604 Burl Ct