Villa Park Warehouse for rent
420 West Stone Road
420 West Stone Road
Villa Park (South Addison), Illinois
Warehouse Specifications
Property Size :
Warehouse :
13,600 SF
# 17288
Warehouse Description
The Doughty Industrial Group of Marcus & Millichap is offering for sale a fully occupied industrial/flex building located at 420 West Stone Road, Villa Park, IL. The property, comprising 13,600 square feet, features 5 industrial suites and 7 incubator-style office suites, all currently leased under Modified Gross lease agreements. The main industrial suite spans 4,500 square feet, while the office suites measure 500 square feet each. Each industrial unit boasts a drive-in door and one end cap unit includes a full dock. The surrounding submarket exhibits a low vacancy rate, providing an opportunity for rental growth. At a purchase price of $1,400,000, the investment yields a net operating income of $109,775, resulting in a capitalization rate of 7.84%.
Villa Park Local Warehouse Rentals
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Interested in learning more about 420 West Stone Road or other warehouse rental options in Villa Park? Contact our expert team today at (833) 556-5511, or visit IndustrialSpaces.net to browse our full range of industrial and warehouse spaces.
Location 420 West Stone Road, Villa Park
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