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Net Lease

Motion Industries (Corporate Lease Just Extended)

100 N Halsted St, Chicago Heights, IL 60411

Listing Price: $769,000

Cap Rate
6.50%
Gross SF
10,000
Price/Gross SF
$76.90
Lot Size
0.72 acres
Year Built
1976
Rentable SF
10,000

Investment Overview

Marcus & Millichap is proud to offer for sale the Motion Industries facility located at 100 North Halsted in Chicago Heights, Illinois. The 10,000 square-foot masonry building is 100% occupied by Motion Industries who is an industrial parts distributor for products including bearings, hydraulics and various other parts. Motion Industries (a subsidiary of Genuine Parts Company- NYSE: GPC) has have over 500 locations in North America including 15 distribution centers. In 2019 Motion Industries reported annual revenues over $6,000,000,000 and they are headquartered in Birmingham, Alabama.

Investment Highlights

  • Tenant Has Occupied Site for 20+ Years and Just Extended Early Through 12/31/26
  • Recent Lease Renewal Included a 20% Increase in Annual from Prior Year
  • Motion Industries is One of the World's Largest Suppliers of Bearings, Pneumatics, Hydraulics Related Products
  • Passive Triple-Net Lease – Landlord Only Responsible for Roof/Structure/HVAC Replacement
  • Located Approximately 32 Miles South of Downtown Chicago

Exclusively Listed By

Broker of Record

  • Steven D. Weinstock

    First Vice President / Regional Manager / Designated Managing Broker

    (630) 570-2250

    License(s) IL: 471.011175

    Illinois

Net Lease

Motion Industries (Corporate Lease Just Extended)

Listing Price: $769,000

Cap Rate
6.50%
Gross SF
10,000
Price/Gross SF
$76.90
Lot Size
0.72 acres
Year Built
1976
Rentable SF
10,000

Investment Highlights

  • Tenant Has Occupied Site for 20+ Years and Just Extended Early Through 12/31/26
  • Recent Lease Renewal Included a 20% Increase in Annual from Prior Year
  • Motion Industries is One of the World's Largest Suppliers of Bearings, Pneumatics, Hydraulics Related Products
  • Passive Triple-Net Lease – Landlord Only Responsible for Roof/Structure/HVAC Replacement
  • Located Approximately 32 Miles South of Downtown Chicago

Investment Overview

Marcus & Millichap is proud to offer for sale the Motion Industries facility located at 100 North Halsted in Chicago Heights, Illinois. The 10,000 square-foot masonry building is 100% occupied by Motion Industries who is an industrial parts distributor for products including bearings, hydraulics and various other parts. Motion Industries (a subsidiary of Genuine Parts Company- NYSE: GPC) has have over 500 locations in North America including 15 distribution centers. In 2019 Motion Industries reported annual revenues over $6,000,000,000 and they are headquartered in Birmingham, Alabama.

Exclusively Listed By

Broker of Record

  • Steven D. Weinstock

    First Vice President / Regional Manager / Designated Managing Broker

    (630) 570-2250

    License(s): IL: 471.011175

    Illinois

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