Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the industrial building located at 2800 Bernice Road in Lansing, Illinois (the “Property”). The Property contains a total of 114,352 square feet of gross leasable area on 6.08-acres of land spread over three (3) individual tax lots. The Property is comprised of twenty-five (25) units and is 72% leased to a complimentary mix of industrial and flex tenants.
The Property offers significant upside through the lease up of the vacant space and by restructuring month-to-month tenancies with below market rents to market rates. The Property is located along Bernice Road offering quick and convenient access to Torrence Avenue and Interstate 80/94, the area’s primary commercial and commuter corridors. Positioned within Chicago’s highly sought-after South Suburban industrial corridor, the Property sits in one of the most significant logistics and distribution markets in the United States and benefits from immediate access to Interstate 80/94, Interstate 294, Illinois Route 394, and numerous major freight corridors, providing exceptional connectivity to the greater Chicago metropolitan area, Northwest Indiana, and national transportation networks.
Lansing is a well-established suburban community within the greater Chicago metropolitan area and is situated approximately 25 miles south of downtown Chicago and just north of the Indiana border.