Aurora Industrial Complex

Offered at a 10.91% Cap | Low Price Per SF of Just $24.87 (Well Below Replacement Value)

Below Market Rents – Low Average Rent/SF of Just $3.30/SF MG | Pro Forma Cash on Cash Return of Over 25%

Value-Add Opportunity – Investors Have the Ability to Achieve a Pro Forma Cap Rate of 15.28% by Leasing Up Vacancies and Renewing Existing MTM Leases at Market Rents

Excellent Value-Add Opportunity

• Anchored by Apex Warehouse Systems, a Premier Service Provider of Warehouse Design, Automation Solutions and Storage Systems. Apex has Exhibited Ongoing Facility Commitment with Recent and Consistent Expansions
• The Remaining 35% of the GLA is Currently on MTM or Short-Term Leases with No Options
• Below Market Rents – Market Rent is in Excess of $4.00/SF/Year NNN, While the Subject Property Averages Just $3.30/SF/Year Modified Gross
• Generational Asset – First Time on the Market in 30+ Years
• Additional Opportunity to Add Value by Utilizing Available Land for Industrial Outdoor Storage (IOS)

Strong Real Estate Fundamentals

• 18 Drive-In Doors and 14 Dock-High Doors | 13 Different Sprinkler Risers
• The Majority of the Property Benefits from High Ceiling Clearance Ranging from 18ft to 34ft
• Hard-to-Find Crane Facility – Operational but Not in Use
• Brick Building Reinforced with Metal and Concrete Masonry

Pride Of Ownership Property in Aurora, IL

• Ideally Located Within the Heart of Aurora – Illinois’ Second-Largest City
• Strategically Positioned Among the Nation’s Top 5 Industrial Markets Boasting Unparalleled Connectivity to Key Arterials
• Favorable Property Taxes – Situated in Kane County

BROKER OF RECORD: Steve Weinstock, License #: 471.011175