Listed by Bryant Commercial Group
$2,950,000
4055 Steele Dr.
Details
Property Type Industrial
Sub Type Flex
Square Footage 30,090
Occupancy 43%
Tenancy Multi
Lease Type Modified
Lease Term 7
Lease Expiration 11/30/2030
Remaining Term 4.4
Lease Options 2 - 5 year options
Price per SqFt $98
Class B
Year Built 2002
Year Renovated 2017
Buildings 1
Stories 1
Lot Size (SqFt) 176,854
Zoning IG
Tenant Credit Corporate Guarantee
Lease Commencement 12/01/2023
Occupancy Date 12/01/2023
Ground Lease No
Ceiling Height 14
Price Reduced - Flex/Industrial For Sale in Machesney Park, IL!
Marketing description
Positioned within the thriving commercial hub of Machesney Park, 4055 Steele Drive offers a strategic opportunity for both investors and end-users seeking a high quality flex/office asset with immediate income and significant upside potential. Zoned for industrial use, the property is adaptable to a broad range of uses including light industrial, distribution, or back-office operations.
Investment highlights
Approximately 13,000sf is currently occupied by an exceptional corporate credit tenant, providing immediate and stable income for an investor or owner/user.
Listing Contacts
Listed by Bryant Commercial Group
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