1851 Albright Rd - Warehouse FOR SALE


Montgomery, IL 60538- Aurora
$3,850,000 USD
773-792-3000
1851 Albright Rd, Montgomery, IL for Sale
$3,850,000 USD
Warehouse - FOR SALE
1/14
null | 6.29% Cap Rate

1851 Albright Rd
Montgomery, IL 60538
Aurora


HIGHLIGHTS

  • 100% NNN Leased Through 7/31/2030
  • Extensive Capex and renovations recently completed
  • Established long term tenant in place

OVERVIEW

Troy Realty is pleased to present this single tenant NNN leased investment flex building for sale. The property is 100% occupied by Benetech Inc. through July of 2030. Benetech Inc. has occupied the property since 2003 and has an additional two 5-year options to renew after the expiration of the Lease. The property is located in Montgomery, Il within the Montgomery Business Park located in Kane County.  The building is 29,670 SF and is 100% occupied by Benetech, Inc. on a true triple-net lease.  The lease was recently renewed for a seven year term commencing August 1, 2023 and expires July 31, 2030.

FOR SALE DETAILS

PRICE

$3,850,000 USD

PRICE/SF

$130 USD /SF

CAP RATE

6.29%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

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TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1998

UTILITIES

-

CLEAR CEILING HT

24 Ft

DOCKS

2

DRIVE INS

2

PARKING SPACES

35

LAND DETAILS

LAND ACRES

1.85

LAND SF

80,799

ZONING

M-1, Montgomery

APN/PARCEL ID

15-32-303-009

ASK ABOUT THIS PROPERTY

Stephen CioromskiTroy RealtyMore Info
773-792-3000

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Stephen CioromskiTroy RealtyMore Info
773-792-3000

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