1339 Yorkshire Dr - Warehouse FOR SALE


Streamwood, IL 60107
$2,284,000 USD
407-557-3861
1339 Yorkshire Dr, Streamwood, IL for Sale
$2,284,000 USD
Warehouse - FOR SALE
1/3
null | 6.79% Cap Rate

1339 Yorkshire Dr
Streamwood, IL 60107


HIGHLIGHTS

  • • Corporate Lease with Herc Rentals | NYSE: HRI - Third Largest Equipment Rental Company in the U.S.
  • • 6 Years Remaining on NNN Lease | Commenced 2022 - 3% Annual Increases with One Five-Year Option
  • • Property Comes with Cell Tower - Contact Broker for Details
  • • 2023 Roof Replacement and Other Exterior Upgrades - Over $100,000 in CapEx | Ext. Paint and Tuckpoint
  • • Former Business Acquired by Herc in 2022 - 47 Year Operating History Servicing Chicago & Midwest
  • • Located in the Chicago MSA | 28 Miles from Downtown - 3rd Largest MSA in the U.S. | 9,400,000+ Residents

OVERVIEW

• Corporate Lease with Herc Rentals | NYSE: HRI - Third Largest Equipment Rental Company in the U.S. • 6 Years Remaining on NNN Lease | Commenced 2022 - 3% Annual Increases with One Five-Year Option • Property Comes with Cell Tower - Contact Broker for Details • 2023 Roof Replacement and Other Exterior Upgrades - Over $100,000 in CapEx | Ext. Paint and Tuckpoint • Former Business Acquired by Herc in 2022 - 47 Year Operating History Servicing Chicago & Midwest • Located in the Chicago MSA | 28 Miles from Downtown - 3rd Largest MSA in the U.S. | 9,400,000+ Residents • Quick Access to Interstate-90 and Interstate-355 - Perfectly Situated to Dispatch Deliveries Efficiently • 11 Miles from O’Hare International Airport - 54,000,000+ Passengers Annually | U.S.’s 3rd Busiest • Tremendous Population Density - Over 255,000 Residents in a 5-Mile Radius

FOR SALE DETAILS

PRICE

$2,284,000 USD

PRICE/SF

$225 USD /SF

CAP RATE

6.79%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Herc Rentals | Chicago MSA

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1989

UTILITIES

-

CLEAR CEILING HT

18 Ft

DOCKS

-

DRIVE INS

6

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.49

LAND SF

65,000

ZONING

I

APN/PARCEL ID

06-25-204-002-0000,06-25-204-009-0000

ASK ABOUT THIS PROPERTY

Rory ShelbyMarcus & MillichapMore Info
407-557-3861

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Rory ShelbyMarcus & MillichapMore Info
407-557-3861

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.