Investment Overview

Marcus & Millichap is pleased to present for sale the fee-simple offering of 401-415 Busse Road in Elk Grove Village, Illinois. The subject property is approximately 17,834 square-feet of industrial and showroom space that is currently 100% occupied by four tenants. The property is located directly next to O’Hare International Airport in Elk Grove Village, the largest industrial park in North America. The subject property is leased to four tenants with suites ranging from approximately 3,388 to 6,488 square-feet. The tenants current lease structures operate on a mix of Net and Modified Gross with Base Year Stops. Located directly off of Interstate-90, the building features 14’ clear height and contains 5 docks. The purchase of this offering provides an investor with a stable cash-flowing industrial property in one of the most sought after industrial parks in the country. At the current list price of $2,100,000 the offering generates an NOI $158,486 which equates to a capitalization rate of 7.55%.