Listed by Axis 360 Commercial Real Estate Specialists
$3,075,000
420, 440 and 480-482 Wylie Drive
Details
APN 14-31-403-001; 14-31-303-016 thru -023
Property Type Industrial, Office
Sub Type Creative Office, Executive Office
Square Footage 62,317
Units 9
Cap Rate 9.62%
NOI $322,303
Occupancy 100%
Tenancy Multi
Lease Type Modified
Pro-Forma Cap Rate 9.62%
Pro-Forma NOI $322,303
Year Built 1998
Stories 1
Lot Size (SqFt) 12.9
Zoning B-1 by Town of Normal
Investment Type Stabilized
Office / Flex Investment Package
Marketing description
Fully leased investment opportunity including approx. 62,317 sq. ft. of flexible use space.
ACC Exlectronix, the anchor tenant, occupies approx. 51,637 sq. ft. of space. They are an electronic manufacturing and assembly service company, supplying rugged products to serve customers in the industrial, agricultural, off-road, construction, and mining markets. They have been in business since 1976.
Greater Love Church occupies approx. 10,680 sq. ft. They are a rapidly growing faith community, taking advantage of the property’s easily accessible location and abundant parking.
Investment highlights
9.62% CAP
100% leased to long-standing tenants
Visibility from I-74/I-55
Listing Contacts
Listed by Axis 360 Commercial Real Estate Specialists
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$322,303.00
$26,858.58/mo
Valuation Metrics
0
DSCR
10.48%
Cap Rate
10.48%
ROI
Map
Broker Selected Comps View More Comps
Property History
Similar Properties
Is there information that looks off?
