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4500 Prime Pky
McHenry, IL 60050
Center Point I Flex Office · Office Property For Sale
Investment Highlights
- Rare value-add office with flex capabilities that totals 23,000 square feet just outside Chicago in McHenry, Illinois.
- Immense opportunity to acquire a vacant office with the highly sought-after I-1 zoning that allows for cannabis cultivation and distribution.
- Office building includes a small garage space with ample clear height alongside two roll-up doors for seamless distribution capabilities.
- Premium location that offers direct access to Route 31 with connections to Route 14 that helps connect the parcel with the greater Chicago area.
- New ownership can capitalize on low McHenry County tax rates to help increase operational margins to stabilize the asset.
- The building can be operated as a single-tenant property or can easily be divided to accommodate a multi-tenant layout for leasing flexibility.
Property Facts
Sale Condition
Auction Sale
Type of Ownership
Fee Simple
Property Type
Office
Building Size
23,006 SF
Building Class
C
Year Built/Renovated
1990/2013
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
11,503 SF
Building FAR
0.29
Lot Size
1.80 AC
Parcel Number
14-10-251-008
Zoning
I-1 - Office & flex uses permitted. Potential for medical office. Zoning also allows adult use cannabis cultivation, infusing, processing and transport.
Parking
84 Spaces (3.65 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
1 of 1
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