Log In/Sign Up
Your email has been sent.
Leslie Oaks Bus Ctr 1 735 Tollgate Rd 28,197 SF Flex Building Elgin, IL 60123 $5,324,533 ($188.83/SF) 6% Cap Rate
Investment Highlights
- Single Tenant NNN 10 Year Lease
- Immediate Expressway Access
- Significant Investment by Staples in Facility Upgrades
- Staples Credit
- 3% Annual Growth
- 100% Climate Controlled
Executive Summary
360 Real Estate Services, LLC is pleased to bring to the market 735 Tollgate Road. Staples recently expanded their footprint into the entirety of the building, and is making substantial investment into the infrastructure of the building to convert it over from general flex to suit their print shop requirements including electrical infrastructure, all new LED lighting and reconfiguring the interior layout. In addition, an exterior dock is being added to the facility by ownership as part of a Ten (10) Year extension effective upon Staples occupancy of the expansion premises scheduled for late 2nd Quarter/Early 3rd Quarter of 2026.
10 Years of NNN lease term with 3% annual bumps bring long term rent growth and stability to the project. The facility is located on Tollgate Road, less than a quarter mile off the I-90/Route 31 exchange with East/West access to the expressway. Minimal owner input is required on this strong cash flowing asset.
Investment Highlights
- Single Tenant NNN 10 Year Lease
- 3% Annual Growth
- Staples Credit
- Immediate Expressway Access
- Significant Investment by Staples in Facility Upgrades
10 Years of NNN lease term with 3% annual bumps bring long term rent growth and stability to the project. The facility is located on Tollgate Road, less than a quarter mile off the I-90/Route 31 exchange with East/West access to the expressway. Minimal owner input is required on this strong cash flowing asset.
Investment Highlights
- Single Tenant NNN 10 Year Lease
- 3% Annual Growth
- Staples Credit
- Immediate Expressway Access
- Significant Investment by Staples in Facility Upgrades
Property Facts
Amenities
- 24 Hour Access
- Signage
- Monument Signage
Utilities
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
Property Taxes
| Parcel Number | 03-33-476-009 | Improvements Assessment | $97,578 |
| Land Assessment | $192,025 | Total Assessment | $289,603 |
Property Taxes
Parcel Number
03-33-476-009
Land Assessment
$192,025
Improvements Assessment
$97,578
Total Assessment
$289,603
1 of 7
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Leslie Oaks Bus Ctr 1 | 735 Tollgate Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.