Investment Overview

The property is a single-tenant industrial asset that spans 75,000 square feet and is situated on 3.07 acres of land. This industrial property features 18' clear height, five dock-high doors, and two drive-in doors, making it an ideal location for a variety of industrial uses. With 50 parking spaces, the property provides ample room for employees and visitors. Micron Metal Finishing, LLC currently leases the property through April 2028 at a rate of $6.26 per square foot on modified gross terms, with 3.0 percent annual escalations and two three-year renewal options. This lease structure provides a stable source of income for the property owner. The rent is considered below-market, creating a value-add opportunity if the tenant were to vacate the property. Supported by a management team with over a combined 100 years of experience, Micron Metal Finishing, LLC, is a provider of industrial power coating and custom metal finishing services. Located along Interstate 294, the property provides easy access to major transportation routes. The proximity to Interstate 55 and the CSX Bedford Park Intermodal also enhances the property's accessibility. This strategic location allows for efficient logistics and transportation of goods. The property's location in the North Interstate 55 Corridor submarket is particularly desirable, with a low vacancy rate of 3.9 percent and a strong rent growth of 4.1 percent during Q2 2026 (CoStar).