Warehouse
5211-5213 Otto Avenue
5211 Otto Ave, Chicago, IL 60656
Listing Price: $3,300,000
Cap Rate
7.50%
Gross SF
32,400
Price/Gross SF
$101.85
Lot Size
1.00 acres
Year Built
1965
Rentable SF
32,400
Investment Overview
Marcus & Millichap is pleased to present Gates Washer’s sole manufacturing facility at 5211-5213 Otto Avenue.
Investment Highlights
- Long Term Absolute Net Sale Leaseback with 2.5 Percent Annual Escalations
- Headquarters and Sole Manufacturing Facility
- Favorable Market Fundamentals | O'Hare Submarket
- 10 Year Average Cash-on-Cash of 8.94 Percent
Listing Price: $3,300,000
Cap Rate
7.50%
Gross SF
32,400
Price/Gross SF
$101.85
Lot Size
1.00 acres
Year Built
1965
Rentable SF
32,400
Investment Highlights
- Long Term Absolute Net Sale Leaseback with 2.5 Percent Annual Escalations
- Headquarters and Sole Manufacturing Facility
- Favorable Market Fundamentals | O'Hare Submarket
- 10 Year Average Cash-on-Cash of 8.94 Percent
Investment Overview
Marcus & Millichap is pleased to present Gates Washer’s sole manufacturing facility at 5211-5213 Otto Avenue.