15325 W Baker Rd - Warehouse FOR SALE
Manhattan, IL 60442 |
$3,377,000 USD
407-924-1408
15325 W Baker Rd
Manhattan, IL 60442
HIGHLIGHTS
- Price Reduction | Double Digit Return with Traditional Financing: 11.32%
- Expansive Inventory: 508 All indoor & secure vehicle storage units accommodating a vast variety of vehicles | ±131,965 NRSF
- Onsite Management: Current live-in staff are willing to stay with new ownership & reside in the recently renovated two-story home on property
- Upside Potential: Unlock value through raising below-market rents/standardizing rental rates & increase marketing efforts to improve occupancy
- Strong Demographics: Average household income $146,073 in 5-mile range
- Strategic Location: Situated in the Southwest suburbs, approximately 40 miles from Chicago
FOR SALE DETAILS
PRICE
$3,377,000 USD
PRICE/SF
$26 USD /SF
CAP RATE
9.15%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
East Gate Storage
PROPERTY TYPE
Industrial
PROPERTY SUBTYPE
Warehouse
ADD'L SUBTYPES
Truck Terminal
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1973
UTILITIES
-
CLEAR CEILING HT
-
DOCKS
-
DRIVE INS
4
PARKING SPACES
-
LAND DETAILS
LAND ACRES
11
LAND SF
479,160
ZONING
A-1
APN/PARCEL ID
14-12-08-200-007
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407-924-1408
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407-924-1408
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