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Available For Sale - Industrial , Warehouse

513,512 SF | Show Pricing $

AVAILABILITY DETAILS

Size
513,512 SF
Price/SF
Show Pricing $
Listing ID
SA435499
Notes
Cap Rate 8.25%

NOI $2,233,777

Building Size 513,512 sqft

Lot Area 25 acres

Year Built 1958

Price Per Sqft $



HIGHLIGHTS:

• Houghton Mifflin Harcourt (Nasdaq: HMHC)

• Leader In Publishing K-12 Educational Textbooks

• Annual Revenues Of $1.4 Billion Long Term NNN Lease

• New Early 4-year Lease Extension

• Annual Rent Increases

• Minimal Landlord Responsibilities National Distribution Headquarters For Houghton Mifflin

• Mission Critical For Distribution Of K-12 Textbooks To All 50 States Covid Resilient

• Homeschool Division Coincides With Digital Learning Platform

• Trusted Curriculum Meets High Standards For At-home Learning Strategic Location

• 6 Miles From Interstate 88 For Direct Access To Chicago • Proximity To Aurora, St Charles

• Just 45 Miles From Downtown Chicago

In Geneva, Western Suburb Of Chicago

• Within Chicago Metropolitan Area: Third Largest Labor Pool In The U.s. (4.694 Million Workers)

• Nearly 1.3 Million Sq Ft Industrial Market Attracts Regional And National Logistics Companies
Uses
Industrial
Warehouse

This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.

Listing provided courtesy of
Ryan Barr, Lee & Associates