NEW INDUSTRIAL WAREHOUSE @ TERRA BUSINESS PARK€¦ · NEW INDUSTRIAL WAREHOUSE - TERRA BUSINESS...

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SVN | Chicago Commercial | 940 West Adams Street, Suite 200, Chicago, IL 60607 OFFERING MEMORANDUM NEW INDUSTRIAL WAREHOUSE @ TERRA BUSINESS PARK 201 CHRISTINA DR, UNIT 209 EAST DUNDEE, IL 60118 Amy Van Hook Associate Advisor 312.676.1863 [email protected]

Transcript of NEW INDUSTRIAL WAREHOUSE @ TERRA BUSINESS PARK€¦ · NEW INDUSTRIAL WAREHOUSE - TERRA BUSINESS...

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SVN | Chicago Commercial | 940 West Adams Street, Suite 200, Chicago, IL 60607 OFFERING MEMORANDUM

NEW INDUSTRIALWAREHOUSE @TERRA BUSINESSPARK201 CHRISTINA DR, UNIT 209EAST DUNDEE, IL 60118

Amy Van HookAssociate [email protected]

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OFFERING SUMMARY

Available SF: 10,257 SF

Lease Rate: $9.75 SF/yr (MG)

Year Built: 2015

Building Size: 51,115 SF

New Warehouse with office space. Close to Interstate 90 exits in East Dundee. Several Large Companiesalready tenants in this new development, such as PACE, Nestle, SWIFT and Enterprise. Great opportunityfor a company to have a brand new building for their business.

PROPERTY OVERVIEW

PROPERTY HIGHLIGHTS

• 10,257 SF new warehouse

• 2 bathrooms

• 1,200 SF office built out with break room and private offices

• 22 ft clear span ceilings

• 1 loading dock & 1 drive in door

• New construction with good interstate access

• 31,800 VPD (vehicles per day) in 2016

• Ample semi parking available nearby

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Executive Summary

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Additional Photos

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Location Maps

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Site Plan

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SUBJECT PROPERTY

201 Christina Dr, Unit 209 | East Dundee, IL 60118

$9.75 SF/YRLease Rate: MGLease Type: 10,257 SFSpace Size:2015Year Built: 0.0 ACLot Size: 5No. Units:

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INDUSTRIAL ROCK ROAD DR

570 Rock Road Dr | East Dundee, IL 60118

$8.51 SFLease Rate: MGLease Type: 10,053 SFSpace Size:1984Year Built: 72,000 SFBldg Size: 6.6 ACLot Size:63 monthsLease Term: 12/01/10Lease Date: 85%Occupancy:

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INDUSTRIAL FLEX SPACE COMMONWEALTH DRIVE

563 Commonwealth Dr | East Dundee, IL 60118

$8.75 SFLease Rate: MGLease Type: 11,334 SFSpace Size:2008Year Built: 54,000 SFBldg Size: 17.6 ACLot Size:60 monthsLease Term: 05/01/10Lease Date: 88%Occupancy:

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NEW INDUSTRIAL WAREHOUSE - TERRA BUSINESS PARK | 201 CHRISTINA DR, UNIT 209, EAST DUNDEE, IL 60118 SVN | Chicago Commercial | Page 6

Rent Comps

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SUBJECT PROPERTY PRICE/SF/YR AVAILABLE SF BLDG SF # OF UNITS OCCUPANCY %

New Industrial Warehouse - TerraBusiness Park201 Christina Dr, Unit 209East Dundee, IL 60118

$9.75 SF/yr (MG) 10,257 SF 51,115 SF 5 80.0%

RENT COMPS PRICE/SF/YR AVAILABLE SF BLDG SF # OF UNITS OCCUPANCY %

Industrial Rock Road Dr570 Rock Road DrEast Dundee, IL 60118

$8.51 10,053 SF 72,000 SF 6 85%

Industrial Flex SpaceCommonwealth Drive563 Commonwealth DrEast Dundee, IL 60118

$8.75 11,334 SF 54,000 SF 11 88%

PRICE/SF/YR AVAILABLE SF BLDG SF # OF UNITS OCCUPANCY %

Totals/Averages $8.63 10,694 SF 63,000 SF 8.5 86.5%

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Rent Comps Summary

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1 570 Rock Road DrEast Dundee, IL 60118

INDUSTRIAL ROCK ROAD DR2

563 Commonwealth DrEast Dundee, IL 60118

INDUSTRIAL FLEX SPACECOMMONWEALTH DRIVE

201 Christina Dr, Unit 209 | East Dundee, IL 60118SUBJECT PROPERTY

Rent Comps Map