1300 Basswood Rd Schaumburg, IL 60173
Net Lease, 47,597 SF, 6.4% Cap Rate
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 132
Highlights
- $4.5M asking price for a premier Chicago MSA industrial property.
- 47,597 SF / 3.3-acre facility with a 4.5-year remaining net lease.
- $286K NOI, $6.01 PSF, and 2% annual escalations.
- Below-market rent provides significant upside potential.
- Strong investment opportunity due to below-market rent and potential for rental income increases.
- Mission-critical, multi-functional industrial facility with an attractive net lease and a tenant with recent significant equipment investment.
Property Details for 1300 Basswood Rd
- Property type
- Industrial properties, Manufacturing properties
- Square Feet
- 47,597 SF
Location Insight
- City
- Schaumburg
- County
- Cook
- State
- Illinois
- Latitude
- 42.054088
- Longitude
- -88.065539
Nearby Similar for Sale
FAQs
- What type of property is this?
- Industrial property - Net Lease, 47,597 SF, 6.4% Cap Rate
- Where is the industrial property located?
- The property is located at 1300 Basswood Rd Schaumburg, IL.
- What is the asking price?
- The asking price for this property is $4,500,000.
- What are key features of this property?
- This property features: $4.5M asking price for a premier Chicago MSA industrial property.; 47,597 SF / 3.3-acre facility with a 4.5-year remaining net lease.; $286K NOI, $6.01 PSF, and 2% annual escalations.
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