McHenry, US
MULTI-TENANT INDUSTRIAL 100% LEASED 96,070 SF 100% leased 96,070 SF multi-tenant building on 5.6 acres. Masonry main building with 13,680 sf steel add on section. Three 2000 amp services, multiple drive in doors, 5 docks, ceilings vary, office areas vary. Built in 1957 with multiple additions. Upside potential by raising rents and adding separate gas and electric meters. Double capacity wet sprinklers. Partially air conditioned. Additional building site at signalized intersection that could be re-zoned and split off for commercial use. Note: Owner will lease back Unit 8 at $5 psf. Ask for rent roll and operating statement. 7.6% cap rate using 5% vacancy plus significant upside.
Courtesy Of: Premier Commercial Realty
Feature Highlights
- Additional Parcels
- Built Before 1978
General Features
- List Date:
- 02/22/2024
Exterior Features and Amenities
- Lot Size Dimensions:
- IRREGULAR
Financial
- Purchase Contract Date:
- 2024-10-29
- Days On Market:
- 251
- Tax Annual Amount:
- $61,378.00
- Tax Year:
- 2023
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Data last updated: 2024-11-13.
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