Gates Washer Sale-Leaseback
15-Year Triple-Net Sale-Leaseback
Marketing description
The property in question is a 32,400-square-foot industrial warehouse situated on 1.01 acres of land, offering ample space for various industrial operations. This warehouse features a clear height of 12 to 14 feet, providing sufficient vertical space for storage and equipment. The presence of four dock-high doors and one grade-level door facilitates efficient loading and unloading of goods. The warehouse's design and layout are conducive to a smooth workflow, making it an attractive option for businesses seeking a functional and efficient space. The property's location on 1.01 acresallows for potential expansion or additional parking. With its strategic design and ample space, this warehouse is well-suited for a range of industrial activities. The warehouse's features make it a valuable asset for any business looking to establish a strong presence in the area.
Investment highlights
• 32,400-Square-Foot Industrial Warehouse Situated on 1.01 Acres
• Features 12'-14' Clear Height, Four Dock-High Doors, One Grade-Level Door
• 15-Year Triple-Net Sale-Leaseback with Gates Washer Manufacturing Co. | 3% Rent Escalations, Minimizing Landlord Responsibilities and Expenses
• Gates Washer Manufacturing Co., Specializing in Top-Quality Washers for the Aerospace and Automotive Sectors | Customers FeatureMultiple Fortune 500 Companies
• Located in Highly Sought-After O'Hare Submarket with Below National Average Vacancy Rate of 5.7% (Costar)
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