Investment Overview

Marcus & Millichap is pleased to present the sale offering of 1251-1253 Pagni Dr, Elk Grove Village, IL. The subject property is a 20,000 square-foot multi-tenant warehouse facility that will be offered to be purchased with a 1-year sale-leaseback from the current owner which will be executed at the close of escrow, while the other tenant is set to expire in June of 2023. The current owner, Print Management Group, Inc, is a full-service commercial printing and fulfillment company. At close of escrow, Print Management Group, Inc is offering to sign a 1-year triple net lease. The facility contains approximately 87.5% warehouse build-out, 16’ clear height, 2 internal docks and three drive-in doors. The purchase of this offering presents an investor or owner-user with the opportunity to own and reposition an industrial asset in the heart of Elk Grove Village. This location allows immediate access to Interstates 90, 290, 94, and 294 and O’Hare International Airport. At the current list price of $2,000,000 the offering will generate an NOI of $130,916 which equates to a capitalization rate of 6.55%.