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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

Exclusively Listed By

Financing By

Warehouse

5211-5213 Otto Avenue

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.

Exclusively Listed By

Financing By

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