1391 Corporate Dr
Mchenry, IL 60050
Liberty Square
HIGHLIGHTS
- The McHenry Corporate Center IV located at 1391 Corporate Drive presents the market a rare opportunity to acquire a flex asset in McHenry, Illinois.
- Centralized location between three major metropolitan areas, including Chicago, Rockford, and Milwaukee.
- Opportunity to acquire a 35% leased office asset, presenting new ownership in-place cash flow with value-add upside through lease-up or usership.
- Within 5 miles there is a robust population of over 306,000 people who earn over $112,000 a year per household creating a strong work force.
- Property includes 10,000 square feet of warehouse space with a drive-in and a dock-high door allowing distribution tenancy.
- Property is located in the business park adjacent to major medical in McHenry including Northwestern and Mercy with potential for medical uses.
FOR SALE DETAILS
PRICE
$3,000,000 USD
PRICE/SF
$45 USD /SF
CAP RATE
Request Cap Rate
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
The Value-Add McHenry Corporate Center IV
PROPERTY TYPE
Office
TOTAL BUILDING SIZE
-
STORIES
2
BUILDING CLASS
B
YEAR BUILT
1994
SPRINKLERS
-
PARKING SPACES
245
LAND DETAILS
LAND ACRES
6.5 AC
LAND SF
283,140 SF
ZONING
I-1
APN/PARCEL ID
14-10-201-006
ASK ABOUT THIS PROPERTY
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847-508-2243
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847-508-2243
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