Warehouses /IL /Boone County /Belvidere /801 5th Ave
Warehouses /IL /Boone County /Belvidere /801 5th Ave

801 5th Ave - Warehouse FOR SALE


Belvidere, IL 61008 | 
$5,400,000 USD
616-293-6924
801 5th Ave, Belvidere, IL for Sale
$5,400,000 USD
Warehouse - FOR SALE
1/1
null | 7.75% Cap Rate
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801 5th Ave
Belvidere, IL 61008

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OVERVIEW

Kwekel Companies is pleased to offer the sale leaseback of Franklin Display Group’s 123,056 square foot industrial building located on a 10.5 acre site. Franklin Display Group will execute a new 15 year absolute NNN lease at closing.

FOR SALE DETAILS

PRICE

$5,400,000 USD

PRICE/SF

$44 USD /SF

CAP RATE

7.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Franklin Display

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1987

UTILITIES

Gas, Water, Sewer

CLEAR CEILING HT

24 Ft

DOCKS

6

DRIVE INS

4

PARKING SPACES

-

LAND DETAILS

LAND ACRES

10.5

LAND SF

457,380

ZONING

GI/SR-6

APN/PARCEL ID

05-35-205-030,05-35-205-031,05-35-205-032,05-35-205-033,05-35-205-036,05-35-205-037

ASK ABOUT THIS PROPERTY

Tim KwekelKwekel CompaniesMore Info
616-293-6924

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Tim KwekelKwekel CompaniesMore Info
616-293-6924

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

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