Warehouse
907 Lunt Ave
907 Lunt Ave, Schaumburg, IL 60193
Listing Price: $1,000,000
Investment Overview
Marcus & Millichap is pleased to present for sale the fee-simple interest offering of 907-909 Lunt Avenue Schaumburg, Illinois. The subject property is a 10,000 square-foot industrial building that will be offered to be purchased as a sale-leaseback, which will be executed at close of escrow. The building is currently occupied by CraftedWild Cabinetry, a full-service cabinetry shop.
Current ownership will be offering to sign a 5-year lease with multiple 5-year options to renew at close of escrow. The offering will operate on an absolute net lease structure, containing zero landlord responsibilities. Physically, the property is 10,000 square-feet featuring 14’ clear height, 2 loading docks and 2 drive-in doors.
The purchase of this offering presents an investor with the opportunity to acquire a completely passive industrial investment. At the current list price of $1,000,000 the offering will generate an NOI of $80,000 which equates to a capitalization rate of 8.00 percent.
907 Lunt Ave
Investment Highlights
- Single-tenant industrial investment opportunity
- Original 5-year lease offered at close of escrow
- Passive investment "bond" like structure | Absolute net lease
- 3% annual rental escalations
- 0.6% vacancy rate for industrial properties within 5-mile radius between 5,000-20,000 SF
- Affluent submarket | Average household income of $127,000+ within 5-mile radius
Exclusively Listed By
Listing Price: $1,000,000
Investment Highlights
- Single-tenant industrial investment opportunity
- Original 5-year lease offered at close of escrow
- Passive investment "bond" like structure | Absolute net lease
- 3% annual rental escalations
- 0.6% vacancy rate for industrial properties within 5-mile radius between 5,000-20,000 SF
- Affluent submarket | Average household income of $127,000+ within 5-mile radius
Investment Overview
Marcus & Millichap is pleased to present for sale the fee-simple interest offering of 907-909 Lunt Avenue Schaumburg, Illinois. The subject property is a 10,000 square-foot industrial building that will be offered to be purchased as a sale-leaseback, which will be executed at close of escrow. The building is currently occupied by CraftedWild Cabinetry, a full-service cabinetry shop. Current ownership will be offering to sign a 5-year lease with multiple 5-year options to renew at close of escrow. The offering will operate on an absolute net lease structure, containing zero landlord responsibilities. Physically, the property is 10,000 square-feet featuring 14’ clear height, 2 loading docks and 2 drive-in doors. The purchase of this offering presents an investor with the opportunity to acquire a completely passive industrial investment. At the current list price of $1,000,000 the offering will generate an NOI of $80,000 which equates to a capitalization rate of 8.00 percent.
Exclusively Listed By
