Net Lease
Wesinco International Inc.
2910 Falling Waters Blvd, Lindenhurst, IL 60046
Listing Price: $3,750,000
Investment Overview
Marcus & Millichap is pleased to present the opportunity to acquire the property located at 2910 Falling Waters Blvd in Lindenhurst, Illinois, leased to Wesinco International Inc. The subject property consists of approximately 25,600 square feet of warehouse (17,408 sf) and office (8,192 sf) space and is situated on 2.5 acres of land. The single-tenant asset features a clear height of 20’ in warehouse space & 10’ in office and two exterior depressed doors, and one grade-level door. The building was built in 2003 with 40 parking spaces. The lease term is 2/1/23 through 1/31/43 with a 10-year guarantee. The blended avg. rent increase is 3.49% over the 19.5 years remaining on the current lease along with one 10-year option. Tenant reimburses for all taxes, insurance & most operating expenses, landlord covers structural repairs & replacements.
Investment Highlights
- 25,6000 SF single tenant net lease industrial building
- New 20 yr lease (termination rights after 10 yr)
- Strategically located with access to I-94 highway & O'Hare Airport
- 2004 built property with 40 parking spaces
- 23' ceilings with two exterior depressed doors, and one grade-level door
- Under 20% of current ownership includes officers of the Tenant
Listing Price: $3,750,000
Investment Highlights
- 25,6000 SF single tenant net lease industrial building
- New 20 yr lease (termination rights after 10 yr)
- Strategically located with access to I-94 highway & O'Hare Airport
- 2004 built property with 40 parking spaces
- 23' ceilings with two exterior depressed doors, and one grade-level door
- Under 20% of current ownership includes officers of the Tenant
Investment Overview
Marcus & Millichap is pleased to present the opportunity to acquire the property located at 2910 Falling Waters Blvd in Lindenhurst, Illinois, leased to Wesinco International Inc. The subject property consists of approximately 25,600 square feet of warehouse (17,408 sf) and office (8,192 sf) space and is situated on 2.5 acres of land. The single-tenant asset features a clear height of 20’ in warehouse space & 10’ in office and two exterior depressed doors, and one grade-level door. The building was built in 2003 with 40 parking spaces. The lease term is 2/1/23 through 1/31/43 with a 10-year guarantee. The blended avg. rent increase is 3.49% over the 19.5 years remaining on the current lease along with one 10-year option. Tenant reimburses for all taxes, insurance & most operating expenses, landlord covers structural repairs & replacements.

