SQUARE FEET9,900
MLS#12744041
STATUSNew
PROPERTY TYPECommercial - Industrial
Property Description
9,900 SF industrial building for sale in Franklin Park, IL. NNN leased to a publicly traded multinational med-tech and optics company who has been in place since 2003. The lease has been extended to Feb 28, 2029. The asking price is an 8+ CAP rate on current rent and the lease has annual CPI increases that adjust each March. New roof 2022 (with 16 years remaining on the warranty). Recent masonry work and the parking lot is freshly seal coated and striped. The property is a corner location with 33 parking spaces and 1 drive-in-door. This is a solid, stable investment property located just off interchanges to I-90, I-94 and I-294 and 4 miles from O'Hare International Airport. No evening or weekend showings.
Property Features
Property Type: Commercial - Industrial
Cooling: Central Air
Lot Size: 0.41 Acres
Stories: 1.0
Taxes: $51,351
Year Built: 1956
Feature Descriptions
Current Use: Commercial, Industrial
Electric: Circuit Breakers, Service - 201 to 600 Amps
Exterior: Brick
Fire Protection: Alarm Monitored, Fire Extinguisher/s, Sprinklers
Foundation: Concrete Perimeter
HVAC: Central Bldg Heat, Forced Air, Gas
Location: Corner, Mixed Use Area
Lot Dimensions: 133.9 x 140.2 x 134.2 x 142
Number of Tenant(s): 1
Parcel#: 12223010330000
Parking: 31-50 Spaces
Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat, Janitorial Service, Taxes, Insurance, Repairs, Scavenger, Sewer, Other, All Utilities
Units: 1
Utilities: Electric to Site, Natural Gas Available, Water Available
Listed By / Shown By
Listed By
Agency Name: Coldwell Banker Realty
Agency Phone: 312-266-7000
Shown By
Agency Title: Gambino Realtors
Agency Phone: 815-282-2222
3531 Martens Street | MLS# 12744041
This commercial property located at 3531 Martens Street, Franklin Park, IL 60131 is currently listed for sale with an asking price of $995,000. Search Franklin Park real estate on www.gogambino.com today.