545 E Algonquin Rd | Arlington Heights, IL 60005
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- LoopNet Team
545 E Algonquin Rd
Arlington Heights, IL 60005
Flex Property For Sale
INVESTMENT HIGHLIGHTS
- The Property is a Multi-Tenant Flex R&D Facility featuring 111,667 SF of Data Center and Flex Space .
- Brand new roof installed in 2019 with 20 year warranty till 2038.
- Both leases feature 2% and 3% increases annually, providing an investor a hedge against inflation and market rent increases.
- Property features an assumable non-recourse loan at an attractive rate, helping a new owner enter in the site with an attractive basis.
PROPERTY FACTS
| Property Type | Flex | Year Built | 1990 |
| Property Subtype | Flex Research & Development | Parking Ratio | 2.15/1,000 SF |
| Building Class | B | Clear Ceiling Height | 20’ |
| Lot Size | 5.56 AC | No. Dock-High Doors/Loading | 12 |
| Rentable Building Area | 111,667 SF | No. Drive In / Grade-Level Doors | 8 |
| No. Stories | 1 | ||
| Zoning | M-1 - Industrial, Manufacturing Use | ||
| Property Type | Flex |
| Property Subtype | Flex Research & Development |
| Building Class | B |
| Lot Size | 5.56 AC |
| Rentable Building Area | 111,667 SF |
| No. Stories | 1 |
| Year Built | 1990 |
| Parking Ratio | 2.15/1,000 SF |
| Clear Ceiling Height | 20’ |
| No. Dock-High Doors/Loading | 12 |
| No. Drive In / Grade-Level Doors | 8 |
| Zoning | M-1 - Industrial, Manufacturing Use |
AMENITIES
- Signage
UTILITIES
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
PROPERTY TAXES
| Parcel Number | 08-15-302-020-0000 | Improvements Assessment | $1,026,248 |
| Land Assessment | $968,252 | Total Assessment | $1,994,500 |
PROPERTY TAXES
Parcel Number
08-15-302-020-0000
Land Assessment
$968,252
Improvements Assessment
$1,026,248
Total Assessment
$1,994,500
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