For Sale

Single-Tenant Industrial | Melrose Park, IL

Asking Price: $460,000 | Cap Rate: 9.25%

  • Net Operating Income: $42,769
  • Weighted Avg. Lease Term (WALT): 7 Years
  • Lease Type: Modified Gross

Property Highlights

  • 12,100 SF Industrial Building with additional 0.2 acres in back suitable for parking lot
  • Strong commitment to location: Ace Grinding has operated at this location for over 40 years
  • High barrier to entry: dense infill location
  • Below replacement cost