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