Warehouses /IL /Cook County /Chicago Heights /1001 State St
Warehouses /IL /Cook County /Chicago Heights /1001 State St

1001 State St - Warehouse FOR SALE


Chicago Heights, IL 60411 | 
$14,071,620 USD
332-345-4222
1001 State St, Chicago Heights, IL for Sale
$14,071,620 USD
Warehouse - FOR SALE
1/2
null | 7.65% Cap Rate
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1001 State St
Chicago Heights, IL 60411

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HIGHLIGHTS

  • Private Equity Firm, Angeles Equity Partners acquired AAI in February 2016
  • AAI is Tier 1 Supplier of Sound Barrier and Noise Damping Products
  • 30 Years of Operating History Maintaining Longstanding Relationships with the Top Auto Makers

OVERVIEW

Long-Term, 15 Year Triple Net (NNN) Lease with 2.00% Annual Increases Mission Critical Manufacturing Facility in Operations Since 1985 Facility Has Three Continuous Production Lines Producing Sound Barrier and Noise Damping Products

FOR SALE DETAILS

PRICE

$14,071,620 USD

PRICE/SF

$59 USD /SF

CAP RATE

7.65%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

AAI - Vistech

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1999

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

15.78

LAND SF

687,377

ZONING

M-3

APN/PARCEL ID

32-15-301-020-0000,32-22-100-013-0000,32-22-100-017-0000

ASK ABOUT THIS PROPERTY

Glen KunofskyNNN Pro GroupMore Info
332-345-4222

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Glen KunofskyNNN Pro GroupMore Info
332-345-4222

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