Listed by CBRE, CBRE Dallas
$7,200,000
1100 East Devon Ave
Details
Property Type Industrial
Sub Type Distribution, Warehouse
Square Footage 60,798
Cap Rate 7.00%
Occupancy 100%
Tenancy Single
Lease Type Absolute NNN
Price per SqFt $118
Year Built 1980
Buildings 1
Acreage 3.640
Zoning I-2
Parking Spaces 45 spaces
Parking per 1,000 SqFt 0.74
Ground Lease No
Loading Docks 1
Dock High Doors 4
About This Property for Sale
Marketing description
We are pleased to present the opportunity to acquire 1100 E. Devon Avenue, a premier industrial facility located in Elk Grove Village, one of the most sought-after industrial submarkets in the Chicago metropolitan area.
The Property is situated on 1.84 acres and is currently leased by Mapes & Sprowl Steel, a recognized specialty steel processor with a long operating history dating back to 1927.
This presents investors with the opportunity to capitalize on future mark-to-market rent growth,
leasing optionality, and the continued demand for industrial assets in the O’Hare submarket.
Link to Web Page and NDA >>>> 1100 E Devon Ave Executive Summary
Listing Contacts
Listed by CBRE, CBRE Dallas
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