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INVESTMENT HIGHLIGHTS
- Rare opportunity to purchase an industrial investment sale in the I-55 Corridor.
- Frontage on Lemont Road (22,000 VPD).
- 2 Miles to 75th Street & I-355.
- Recently repaired and replaced parking lot.
- 1.5 Miles to I-55 & Lemont Road.
- Fully air conditioned with a new Air-conditioning unit.
EXECUTIVE SUMMARY
Lee & Associates, as exclusive broker, is pleased to present to qualified investors the opportunity to acquire the single-tenant net leased asset located in the heart of one of the
nation’s premier corridors. This 80,386 square foot warehouse/manufacturing building is situated on 6.41 acres with the ability to expand parking and loading. The building features +/-10,000 square feet of office, fully air-conditioned warehouse, very heavy power, three (3) exterior loading docks that can be expanded, one (1) drive-in door, and air drops throughout the warehouse. The building provides 92 car parking with the ability to expand to 122 car parking spaces. The building was recently painted, and the HVAC was recently replaced. The lease will offer a +/- five-year term with a rental rate that will increase on an annual basis. The current tenant has no renewal rights. The current tenant, Marketing Card Technology is a leader in the card production and direct mail industry. They occupy two facilities totaling roughly 165,000 square feet. They have considerable bolt down costs at this location and have occupied since 2013.
nation’s premier corridors. This 80,386 square foot warehouse/manufacturing building is situated on 6.41 acres with the ability to expand parking and loading. The building features +/-10,000 square feet of office, fully air-conditioned warehouse, very heavy power, three (3) exterior loading docks that can be expanded, one (1) drive-in door, and air drops throughout the warehouse. The building provides 92 car parking with the ability to expand to 122 car parking spaces. The building was recently painted, and the HVAC was recently replaced. The lease will offer a +/- five-year term with a rental rate that will increase on an annual basis. The current tenant has no renewal rights. The current tenant, Marketing Card Technology is a leader in the card production and direct mail industry. They occupy two facilities totaling roughly 165,000 square feet. They have considerable bolt down costs at this location and have occupied since 2013.
PROPERTY FACTS
| Sale Type | Investment | Rentable Building Area | 80,386 SF |
| Property Type | Industrial | No. Stories | 2 |
| Property Subtype | Warehouse | Year Built | 1990 |
| Building Class | B | Tenancy | Single |
| Lot Size | 6.41 AC | Parking Ratio | 1.52/1,000 SF |
| Zoning | ORI - Office, Research, and Light Industrial | ||
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 6.41 AC |
| Rentable Building Area | 80,386 SF |
| No. Stories | 2 |
| Year Built | 1990 |
| Tenancy | Single |
| Parking Ratio | 1.52/1,000 SF |
| Zoning | ORI - Office, Research, and Light Industrial |
PROPERTY TAXES
| Parcel Number | 09-32-106-030 | Improvements Assessment | $1,567,313 |
| Land Assessment | $644,217 | Total Assessment | $2,211,530 |
PROPERTY TAXES
Parcel Number
09-32-106-030
Land Assessment
$644,217
Improvements Assessment
$1,567,313
Total Assessment
$2,211,530
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8245 S Lemont Rd
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