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2449 Pierce Dr 25,200 SF 100% Leased Flex Building Spring Grove, IL 60081 $2,200,000 ($87.30/SF)
Investment Highlights
- Retail flex units with large DID
- Nearby other retailers
- High Ceilings
Executive Summary
For sale is a 25,200 SF flex retail/industrial building with 5 tenant spaces.? The property features 5 fully-leased units with short term under market rents. Plenty of parking, large DID's, and nearby many other retailers such as Jewel, McDonalds, UHaul, Chase bank, and more.? A buyer would have the ability to keep the tenants or use some or all of the space(s) for his/her business as the shorter term leases expire. There is significant value add opportunity by bringing the rents up to market rates. More financial and tenant information available with an executed NDA.
Property Facts
Utilities
- Lighting
- Gas
- Water - Well
- Sewer - City
- Heating - Gas
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Fairly walkable
40/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 04-25-400-016 | Improvements Assessment | $193,536 |
| Land Assessment | $52,508 | Total Assessment | $246,044 |
Property Taxes
Parcel Number
04-25-400-016
Land Assessment
$52,508
Improvements Assessment
$193,536
Total Assessment
$246,044
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Contact the Sale Advisor
2449 Pierce Dr