Investment Overview

Marcus & Millichap is pleased to present for sale the fee-simple interest offering of 300 N Ridge Avenue, Arlington Heights, Illinois. The subject property is a 95,000 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 Molon Motor & Coil Corporation, a manufacturer of AC, DC and Stepper motors and gearmotors for medium to high volume applications. Current ownership will be offering to sign a 2-year lease at close of escrow. The offering will operate on an absolute net lease structure, containing zero landlord responsibilities. The purchase of this offering presents an investor with the opportunity to acquire a completely passive industrial investment. At the current list price of $6,500,000 the offering will generate an NOI of $593,750 which equates to a capitalization rate of 9.13%.