7325 Janes Ave - Office FOR SALE


Woodridge, IL 60517
$7,708,900 USD
952-924-4600
7325 Janes Ave, Woodridge, IL for Sale
$7,708,900 USD
Office - FOR SALE
1/10
null | 8.25% Cap Rate

7325 Janes Ave
Woodridge, IL 60517


HIGHLIGHTS

  • Stable in-place cash flow with 3% annual increases
  • 24+ year historical tenant occupancy since being constructed for V3 in 2001
  • Infill, highly accessible location & abundant neighboring amenities
  • Highly functional single story, STNL office building
  • Desirable suburban Woodridge Office submarket
  • Undergoing ~$4.1 million interior updates (significant contribution by Tenant)

OVERVIEW

CBRE, as exclusive advisor, is pleased to present to qualified investors the opportunity to acquire 7325 Janes Avenue, a 100% occupied, single-tenant, single-story office asset acting as the corporate headquarters for V3 Companies (www.v3co.com) located in Woodridge, Illinois. Constructed in 2001 and renovated in 2018 and 2025, the 44,000 square foot single story office property features an excellent location with easy access to both I-88 and I-355, a committed high-quality tenant with long term occupancy, durable in-place cash flow with upside potential, and quality institutionally-maintained real estate located in one of Chicago’s most affluent suburban submarkets. V3 Companies, who has occupied the property since it was built in 2001, has been through three renewal cycles with the most recent extending its lease through 2036, and participating in a ~$4.1 million interior building renovation (significant contribution by Tenant), all illustrating a healthy and renewed commitment to the property. V3 Companies is the only occupant since the asset’s construction in 2001 and maintains firm term control through September of 2036 at approximately a 12% discount to the suburban average for Chicago.

FOR SALE DETAILS

PRICE

$7,708,900 USD

PRICE/SF

$175 USD /SF

CAP RATE

8.25%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

100% Net Leased to V3 Companies | 44,096 SF

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2001

SPRINKLERS

-

PARKING SPACES

181

LAND DETAILS

LAND ACRES

4.45 AC

LAND SF

193,842 SF

ZONING

B-2

APN/PARCEL ID

08-25-200-035

ASK ABOUT THIS PROPERTY

952-924-4600

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952-924-4600

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