Cap Rate
8%
Price Per SF
$106
Year Built
1975
Leasable Area
20,000 SF
NOI
$169,950
Property Type
Industrial
INVESTMENT HIGHLIGHTS
- Strong Industrial Corridor – Wheeling continues to boast low vacancy rates, high absorption, and a limited inventory
- Accessibility – Situated near Chicago Executive Airport and O’ Hare International Airport, with easy access to I-294, I-94, and I-90
- Favorable Lease Structure – 10-year absolute net lease deal with 3% annual rent increases
- Outstanding Demographics – Within a 5-mile radius the average household income is $130,000 with a population of 270,000+ people
Broker of Record
- Matthew M. Fitzgerald
- License No. 478027547 (IL)
- (866) 889-0550
- Matthews Real Estate Investment Services, Inc
- 1600 West End,
Ste. 1500 Nashville, TN 37203