1981 Bucktail Ln - Warehouse FOR SALE


Sugar Grove, IL 60554
$1,280,000 USD
815-780-7952
1981 Bucktail Ln, Sugar Grove, IL for Sale
$1,280,000 USD
Warehouse - FOR SALE
1/17
null | 5.74% Cap Rate

1981 Bucktail Ln
Sugar Grove, IL 60554


OVERVIEW

Investment Opportunity or owner-user! This property is situated just south of the Aurora Airport in Sugar Grove's industrial area. It is located within Sugar Grove's TIF 1 district - with benefits for potential property tax savings. This ~10,000 sq ft warehouse area offers a 19' clear span, fully sprinklered fire protection, 1 ADA bathroom/locker room, 240V/600A electrical service, 2 unit heaters, 2 bus bars, a drive in dock and standard dock, warehouse-wide air compressor lines, upgraded LED lights, fresh painting throughout and a 5 year old roof. The adjacent office area features a welcoming vestibule, 2 ADA bathrooms, a conference room, kitchenette, a large open office area with multiple doors to access the warehouse/shop area, 7'-10" drop ceiling. The current single tenant NNN lease runs through 12/31/29 with an early termination option for Lessor at Property Sale with 180 days notice, rent bumps in 2026, 2028 and 2029.

FOR SALE DETAILS

PRICE

$1,280,000 USD

PRICE/SF

$122 USD /SF

CAP RATE

5.74%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Investment Opportunity

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

undefined, Manufacturing, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1997

UTILITIES

Lighting - Fluorescent, Gas - Natural, Water - City, Sewer - City, Heating - Gas

CLEAR CEILING HT

-

DOCKS

1

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.43

LAND SF

62,290

ZONING

Industrial

APN/PARCEL ID

14-19-151-013-0000

ASK ABOUT THIS PROPERTY

Leah EricksonColdwell Banker Commercial Real Estate GroupMore Info
815-780-7952

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Leah EricksonColdwell Banker Commercial Real Estate GroupMore Info
815-780-7952

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