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85-125 Hankes Ave 87,662 SF Industrial Building Aurora, IL 60505 $9,200,000 ($104.95/SF) 7% Cap Rate
Investment Highlights
- Ceiling Height 16' - 20'
- Minutes from I-88 and Rt. 31
- HIgh Power Phase 3 - transformers can handle additonal power if needed
- 100% lease with a 7% cap rate
Executive Summary
Industrial Park For Sale
This fully occupied industrial park includes four warehouses and one office building, providing 87,662 SF.
We are priced at $105 PSF.
Situated in a strategic location, the park offers robust leasing potential and a mix of warehouse and office facilities.
Property Breakdown:-
85 Hankes Drive (Office Building): 7,200 SF / Single Tenant Building
95 Hankes Drive (Warehouse): 12,000 SF / 6 DID
105 Hankes Drive(Warehouse): 25,000 SF / 8 Docks & 2 DID
115 Hankes Drive** (Warehouse): 19,000 SF / Two Docks & One DID
875 Aurora Avenue** (Warehouse): 24,462 SF / Three Docks & Three DID
This fully occupied industrial park includes four warehouses and one office building, providing 87,662 SF.
We are priced at $105 PSF.
Situated in a strategic location, the park offers robust leasing potential and a mix of warehouse and office facilities.
Property Breakdown:-
85 Hankes Drive (Office Building): 7,200 SF / Single Tenant Building
95 Hankes Drive (Warehouse): 12,000 SF / 6 DID
105 Hankes Drive(Warehouse): 25,000 SF / 8 Docks & 2 DID
115 Hankes Drive** (Warehouse): 19,000 SF / Two Docks & One DID
875 Aurora Avenue** (Warehouse): 24,462 SF / Three Docks & Three DID
Property Facts
| Price | $9,200,000 | Rentable Building Area | 87,662 SF |
| Price Per SF | $104.95 | No. Stories | 1 |
| Sale Type | Investment or Owner User | Year Built | 1960 |
| Cap Rate | 7% | Tenancy | Single |
| Property Type | Industrial | Clear Ceiling Height | 16’ |
| Property Subtype | Warehouse | No. Dock-High Doors/Loading | 20 |
| Building Class | C | No. Drive In / Grade-Level Doors | 10 |
| Lot Size | 14.00 AC | Cross Streets | Aurora Ave |
| Zoning | M-2 - Heavy Industrial Zone | ||
| Price | $9,200,000 |
| Price Per SF | $104.95 |
| Sale Type | Investment or Owner User |
| Cap Rate | 7% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 14.00 AC |
| Rentable Building Area | 87,662 SF |
| No. Stories | 1 |
| Year Built | 1960 |
| Tenancy | Single |
| Clear Ceiling Height | 16’ |
| No. Dock-High Doors/Loading | 20 |
| No. Drive In / Grade-Level Doors | 10 |
| Cross Streets | Aurora Ave |
| Zoning | M-2 - Heavy Industrial Zone |
Amenities
- Fenced Lot
- Signage
Utilities
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
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Property Taxes
| Parcel Numbers | Improvements Assessment | $765,608 | |
| Land Assessment | $287,257 | Total Assessment | $1,052,865 |
Property Taxes
Parcel Numbers
Land Assessment
$287,257
Improvements Assessment
$765,608
Total Assessment
$1,052,865
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85-125 Hankes Ave
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