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Industrial Flex

Herc Rentals | Chicago MSA

1339 Yorkshire Dr, Streamwood, IL 60107

Listing Price: $2,284,000

Cap Rate
6.79%
Gross SF
10,500
Price/Gross SF
$217.52
Lot Size
1.50 acres
Year Built
1989
Rentable SF
10,500

Investment Overview

• Corporate Lease with Herc Rentals | NYSE: HRI
- Third Largest Equipment Rental Company in the U.S.

• 6 Years Remaining on NNN Lease | Commenced 2022
- 3% Annual Increases with One Five-Year Option

• Property Comes with Cell Tower
- Contact Broker for Details

• 2023 Roof Replacement and Other Exterior Upgrades
- Over $100,000 in CapEx | Ext. Paint and Tuckpoint

• Former Business Acquired by Herc in 2022
- 47 Year Operating History Servicing Chicago & Midwest

• Located in the Chicago MSA | 28 Miles from Downtown
- 3rd Largest MSA in the U.S. | 9,400,000+ Residents

• Quick Access to Interstate-90 and Interstate-355
- Perfectly Situated to Dispatch Deliveries Efficiently

• 11 Miles from O’Hare International Airport
- 54,000,000+ Passengers Annually | U.S.’s 3rd Busiest

• Tremendous Population Density
- Over 255,000 Residents in a 5-Mile Radius

Investment Highlights

  • • Corporate Lease with Herc Rentals | NYSE: HRI - Third Largest Equipment Rental Company in the U.S.
  • • 6 Years Remaining on NNN Lease | Commenced 2022 - 3% Annual Increases with One Five-Year Option
  • • Property Comes with Cell Tower - Contact Broker for Details
  • • 2023 Roof Replacement and Other Exterior Upgrades - Over $100,000 in CapEx | Ext. Paint and Tuckpoint
  • • Former Business Acquired by Herc in 2022 - 47 Year Operating History Servicing Chicago & Midwest
  • • Located in the Chicago MSA | 28 Miles from Downtown - 3rd Largest MSA in the U.S. | 9,400,000+ Residents
  • • Quick Access to Interstate-90 and Interstate-355 - Perfectly Situated to Dispatch Deliveries Efficiently
  • • 11 Miles from O'Hare International Airport - 54,000,000+ Passengers Annually | U.S.'s 3rd Busiest

Exclusively Listed By

Broker of Record

  • Steven D. Weinstock

    Senior Managing Director, Market Leader - Chicago

    (630) 570-2200

    License(s) IL: 471.011175

    Illinois

Financing By

Industrial Flex

Herc Rentals | Chicago MSA

Listing Price: $2,284,000

Cap Rate
6.79%
Gross SF
10,500
Price/Gross SF
$217.52
Lot Size
1.50 acres
Year Built
1989
Rentable SF
10,500

Investment Highlights

  • • Corporate Lease with Herc Rentals | NYSE: HRI - Third Largest Equipment Rental Company in the U.S.
  • • 6 Years Remaining on NNN Lease | Commenced 2022 - 3% Annual Increases with One Five-Year Option
  • • Property Comes with Cell Tower - Contact Broker for Details
  • • 2023 Roof Replacement and Other Exterior Upgrades - Over $100,000 in CapEx | Ext. Paint and Tuckpoint
  • • Former Business Acquired by Herc in 2022 - 47 Year Operating History Servicing Chicago & Midwest
  • • Located in the Chicago MSA | 28 Miles from Downtown - 3rd Largest MSA in the U.S. | 9,400,000+ Residents
  • • Quick Access to Interstate-90 and Interstate-355 - Perfectly Situated to Dispatch Deliveries Efficiently
  • • 11 Miles from O'Hare International Airport - 54,000,000+ Passengers Annually | U.S.'s 3rd Busiest

Investment Overview

• Corporate Lease with Herc Rentals | NYSE: HRI - Third Largest Equipment Rental Company in the U.S. • 6 Years Remaining on NNN Lease | Commenced 2022 - 3% Annual Increases with One Five-Year Option • Property Comes with Cell Tower - Contact Broker for Details • 2023 Roof Replacement and Other Exterior Upgrades - Over $100,000 in CapEx | Ext. Paint and Tuckpoint • Former Business Acquired by Herc in 2022 - 47 Year Operating History Servicing Chicago & Midwest • Located in the Chicago MSA | 28 Miles from Downtown - 3rd Largest MSA in the U.S. | 9,400,000+ Residents • Quick Access to Interstate-90 and Interstate-355 - Perfectly Situated to Dispatch Deliveries Efficiently • 11 Miles from O’Hare International Airport - 54,000,000+ Passengers Annually | U.S.’s 3rd Busiest • Tremendous Population Density - Over 255,000 Residents in a 5-Mile Radius

Exclusively Listed By

Broker of Record

  • Steven D. Weinstock

    Senior Managing Director, Market Leader - Chicago

    (630) 570-2200

    License(s): IL: 471.011175

    Illinois

Financing By

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