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3350 W Salt Creek Lane - Arlington Business Center, Arlington Heights, IL

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DetailMap
3350 W Salt Creek Lane - Arlington Business Center

Arlington Heights, IL 60005-5023 - Northwest Cook Ind Submarket

(2.2 MB)

Property Type:Flex Sub Type:Showroom Status:Existing Year Built:1985
Building Size:38,687 SF Land Area:3.9 AC (169,884 SF)
Ceiling Height:14'0'' Loading Docks:1 ext Rail:- Power:1,600a
Smallest Space:3,289 SF Largest Space:10,000 SF Total Space Avail:17,090 SF Rent/SF/Yr:
$12.00
Zoning:- Sprinklers:- Drive Ins:14 tot. Cranes:-
Parking:164 Surface spaces are available; Ratio of 4.24/1,000 SF Amenities:Signage


Space Available:
Floor
SF Avail
Rent
Occupancy
Lease Term
Space Use
 1st
3,289 SF
$12.00/SF/Yr
Vacant
Negotiable
Office
 1st
3,801 SF
$12.00/SF/Yr
Vacant
Negotiable
Office
 1st
10,000 SF
$12.00/SF/Yr
Vacant
Negotiable
Office
 
9751302
10081531
10360737
Floor Plan
  
Marketing Flyer Marketing Flyer  
Space Notes Space Notes  


Floor
SF Avail
Rent/SF/Yr
Occupancy
Lease Term
Space Use
1st
3,289 SF
$12.00/SF/Yr
Vacant
Negotiable
Office
1st
3,801 SF
$12.00/SF/Yr
Vacant
Negotiable
Office
1st
10,000 SF
$12.00/SF/Yr
Vacant
Negotiable
Office
Property has 38,687 square feet, was built in 1985 and is approximately 85% office space. It is 47% leased to three tenants. Property is priced for a “value-add” investor. Alternatively, it offers prime location to a user needing up to 15,689 square feet of contiguous space.
Property attracts tenants like Meadows Credit Union and Davenport Chiropractic, which need the access, exposure and identity of a retail site. Traffic counts on Rte. 53 and Euclid Ave are 125,900 and 24,900 daily trips respectively. The building’s third tenant is a printer owned by the race track. Surrounding communities have a large tenant base-over 6.4 million square feet of office and 5.1 million square feet of flex/showroom space. Arlington Heights is a pro-business community.
Office/showroom buildings offer low cost space to value-oriented users. Tenants have 24/7 access and control their own HVAC and cleaning. Common area is only 1% of total space. User/investors have tenants pay their occupancy costs and build equity for retirement.
As property is bank owned, seller is offering it for sale in “as is” condition. Offers should explain how purchaser will address existing conditions, including capital expenditures for the roof and the older rooftop HVAC units



Avalon Realty Associates, L.L.C.
Carlo J Santucci
(847) 506-1000 x5132

Joseph Santucci
(847) 506-1000



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