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
Why Choose IndustrialSpaces for Your Warehouse Rental Needs in Villa Park?
Extensive Local Expertise: Our team has a proven track record in helping businesses find suitable warehouse spaces for rent across Villa Park.
Tailored Assistance for All Business Sizes: Whether you're a small startup or a large multinational corporation, our services are designed to cater to businesses of all scales.
Comprehensive rental Support: From selecting the right property to negotiating favorable rental terms and securing landlord concessions, we're with you every step of the way.
Cost-Saving Opportunities: Our expertise in rental negotiations can lead to significant savings through free rent periods, early occupancy options, reduced rental rates, and more.
Don't miss this opportunity to find the ideal warehouse space in Villa Park, IL. For more details on 420 West Stone Road and other available properties, contact us at (833) 556-5511 or fill out our online contact form for a free property availability report.
Location 420 West Stone Road, Villa Park
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