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 Experts
Dedicated to Delivering Tailored Warehouse Solutions in Villa Park, IL. At IndustrialSpaces.net, we pride ourselves on being more than a warehouse listing service. We are committed to helping businesses in Villa Park find the perfect warehouse space that aligns with their specific needs and goals.
Our Expert Services Include:
Bespoke Property Selection: Our local Villa Park experts work closely with you to identify properties that match your business requirements.
Full-Rent Process Assistance: From initial viewings to final rent signings, we offer full support to ensure a smooth and successful rental experience.
Optimised Cost Solutions: Leveraging our local market knowledge, we negotiate the best possible terms to deliver cost-effective rental solutions for your business.
With IndustrialSpaces.net, you gain a partner who understands the nuances of the Villa Park warehouse market. Reach out to us at (833) 556-5511 for a comprehensive consultation and start your journey towards securing the ideal warehouse space for your business.
Location 420 West Stone Road, Villa Park
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