Aqua-Gon | SDS Distribution – Naperville, IL
1728 North Aurora, Naperville, IL 60563
Closing Notes
- All Cash
- 48 Day Escrow
- Sourced a Local Buyer
Property Description
Price: $1,900,000
Price Per/SF: $89.88
Land Area: ±1.92 Acres (±83,635 SF)
Cap Rate: 7.26%
Gross Leasable Area: ±21,140 SF
Year Built: 1982
Investment Highlights
Aqua-Gon is a Subsidiary of SRS Distribution, a Top 100 Private Company that has long Owned Distributors in Several Construction-Related Fields | SRS Revenue: $5.4B
Aqua-Gon is a Legacy Brand – Over a 50 Year Operating History at this Location with Revenues in Excess of $10 Million Dollars
Strong Real Estate Fundamentals
- Overhead AC Units & Furnace Recently Replaced
- New Roof Recently Installed on Main Warehouse
- E-Commerce and Recession Proof Tenant
Corporate Guaranteed Lease
- Tenant has been Consistently Extending the Lease and Operating Successfully at this Location for 50+ Years
- Aqua-Gon is a Subsidiary of SRS Distribution – SRS Distribution was Named in the Top 80 of the 2021 Forbes’ Largest Private Companies List. SRS Distribution Reached $5.4 billion in Revenue by the Fiscal Year-End in October 2021, Earning the Company the 80th Spot of 225 Qualifying Companies.
- NN Industrial Property – Minimal Landlord Responsibilities, Which is Ideal for an Investor not Local to the Market
Pride of Ownership Property in Naperville, IL
- Dense, Infill Area with Over 220,000 Residents within 5 Miles of Subject Property
- The Total Population of the Chicago Metropolitan Area is 9.459 Million
- Located in a Dense Industrial Area with other National Brands such as American Roofing Supply (SRS), 84 Lumber, BrightView Landscape, ABC Supply, CMC Materials, Napa Auto Parts, Caliber Collision, Ryder, Chrysler Distribution, and Many More within Close Proximity to the Subject Property
Contact Information
James Andrews
Associate
Net Leased Properties Group
(949) 419-3302
[email protected]
License: CA 02115272
Craig Elster
Vice President Investments
Director, Net Leased Properties Group
(949) 419-3223
[email protected]
License: CA 01958307
Ron Duong
Senior Managing Director Investments
Senior Director, National Retail Group
(949) 419-3233
[email protected]
License: CA 01438643
Senior Director, National Retail Group
(949) 419-3233
[email protected]
License: CA 01438643