300 Ridge Ave Arlington Heights, IL 60005

This exceptional investment opportunity presents a 95,000-square-foot industrial distribution building located at 300 N Ridge Ave, Arlington Heights, IL 60005. The property sits on a 4.28-acre lot and boasts a 100% occupancy rate, generating a substantial net operating income (NOI) of $593,750. Offered at $6,500,000, this translates to an attractive 9.13% capitalization rate. The property is currently occupied by Molon Motor & Coil Corporation under a sale-leaseback agreement, ensuring a stable income stream. A new 2-year lease will be executed at closing, structured as an absolute net lease, minimizing landlord responsibilities and creating a passive investment opportunity. The building's location within a thriving submarket, characterized by an average household income exceeding $130,000 within a 5-mile radius, further enhances its investment appeal. The Cook County property (APN: 03-30-401-002