725 Oakridge Dr - Service FOR SALE


Romeoville, IL 60446
$2,869,000 USD
317-432-0943
725 Oakridge Dr, Romeoville, IL for Sale
$2,869,000 USD
Service - FOR SALE
1/10
null | 7% Cap Rate

725 Oakridge Dr
Romeoville, IL 60446


HIGHLIGHTS

  • HIGHLY SECURED NNN LEASE WITH TERM | PUBLICLY TRADED “BLUE CHIP” CREDIT $4.34 BILLION IN ANNUAL REVENUE (2024)
  • “MISSION CRITICAL” LAB / TESTING CENTER SERVICING MAJOR CUSTOMERS IN TRADE AREA
  • STICKY TENANT | STRONG HISTORICAL OCCUPANCY W/ MULTIPLE RENEWALS AND CAP-EX INVESTMENT
  • CENTRAL LOCATION WITHIN THRIVING “WEST SUBURBS” CHICAGO SUBMARKET – LOW VACANCY

OVERVIEW

CBRE, as exclusive advisor to Owner, is pleased to present the opportunity to acquire the fee-simple interest in a ± 11,500 SF single tenant NNN leased industrial lab property, 100% leased to Intertek (OTCMKTS: IKTSY), a publicly traded British multinational assurance, inspection, product testing, and certification (AITC) company with 2024 annual revenues of $4.34 B (USD). The subject site is a mission critical “Energy & Commodities Testing Center (Lab)” for Intertek which services numerous major corporate customers such as Exxon, BP, Citgo, Chicago Transit Authority, and Chevron facilities located in the trade area. The subject site is located within the thriving “Far West Suburbs” industrial submarket of Chicago which boasts a low vacancy rate of only 2.6% as of Q2 2025 (Source: CBRE Research). Investment Highlights HIGHLY SECURED NNN LEASE WITH TERM | PUBLICLY TRADED “BLUE CHIP” CREDIT $4.34 BILLION IN ANNUAL REVENUE (2024) — The corporate signature NNN lease features over 5.6 years of term remaining (as of March 1, 2026 analysis start date), with attractive two percent (2%) annual rental increases throughout the primary term and two (2) five (5) year options resulting in a highly secured long term income stream and excellent hedge against inflation “MISSION CRITICAL” LAB / TESTING CENTER SERVICING MAJOR CUSTOMERS IN TRADE AREA — The property was constructed in 2005 as a Build to Suit for Intertek. The site was strategically selected as a relocation from the Midway area of Chicago. Intertek specifically selected the Romeoville location for a multitude of factors including its immediate proximity to substantial customers such as Citgo, Exxon, and BP. — The subject location is a lab for testing oil, gas, butane, petcoke, and crude oil samples. Key nearby customers include producers such as Exxon, BP, Citgo, Chicago Transit Authority, and Chevron. STICKY TENANT | STRONG HISTORICAL OCCUPANCY W/ MULTIPLE RENEWALS AND CAP-EX INVESTMENT — In addition to renewals, Intertek has also invested substantial cap-ex into the building, including a $200,000+ in their lab space. In combination, Intertek’s investments into physical infrastructure and multiple renewals demonstrate their strong commitment to the subject site. CENTRAL LOCATION WITHIN THRIVING “WEST SUBURBS” CHICAGO SUBMARKET – LOW VACANCY — The subject property is centrally located directly off IL-53, a major north-south arterial highway which provides convenient access to I-355 and I-55 connecting the facility to the Greater Midwest Region that it serves. — The subject site is located within the thriving “Far West Suburbs” industrial submarket of Chicago which boasts one of the lowest vacancy rates of any Chicago submarket at only 2.6% as of Q2 2025 (Source: CBRE Research).

FOR SALE DETAILS

PRICE

$2,869,000 USD

PRICE/SF

$249 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

UTILITIES

-

CLEAR CEILING HT

15 Ft

DOCKS

-

DRIVE INS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

1

LAND SF

43,560

ZONING

M-1

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Kevin FoleyCBREMore Info
317-432-0943

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Kevin FoleyCBREMore Info
317-432-0943

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