Skokie, IL Gerber Net Leased Flex Investment 8250 Skokie Blvd 73,293 SF 100% Leased Flex Building Skokie, IL 60077 $5,800,000 ($79.13/SF) 7.01% Cap Rate

Located in the vibrant north suburb of Chicago, 8250 Skokie Blvd presents a rare opportunity to acquire a net-leased industrial asset anchored by Gerber Collision & Glass, a nationally recognized auto repair brand with over 800 locations across North America. Gerber has operated at this site since 1997 and recently extended its lease through 2033, demonstrating long-term commitment and stability. The lease includes two renewal options and a 10% rent escalation in 2028, offering predictable income growth.
The property spans 73,293 square feet across two floors and sits on a 2.26-acre parcel with CX zoning, allowing for potential future redevelopment. It features two drive-in doors and two docks, a 14-foot clear height, and elevator access. Blessed World Church occupies a small portion of the building, while 4,437 square feet of first-floor office space remains vacant, providing upside through lease-up.
Strategically positioned near Madison Street and within walking distance of downtown Skokie, the site benefits from proximity to the Metra and CTA rail lines and Interstate 94, ensuring strong connectivity to Chicago and surrounding suburbs. Skokie’s AAA bond rating and nationally accredited municipal services further underscore the area’s economic strength.
This offering combines stable cash flow, minimal landlord responsibilities, and value-add potential, making it an ideal investment for buyers seeking long-term income in a high-demand submarket.