Multi-Tenant Industrial Investment Portfolio — Sale in Buffalo Grove, IL
- Price: Contact for price
- Listing type: For sale
- Asset type: Office
- Location: Buffalo Grove, IL 60089
- Year built: 1996
Photos
Description
Marcus & Millichap is pleased to present for sale the fee-simple interest of 1278-1300 Barclay Boulevard and 1367-1407 Barclay Boulevard, two multi-tenant industrial buildings located in Buffalo Grove, Illinois. The subject properties are located within the Arbor Creek Business Centre, a well-established business park in the northeastern portion of Buffalo Grove, Illinois. The area consists primarily of light industrial, office, research & development, and flex-space buildings occupied by manufacturing, technology, healthcare, logistics, and professional service companies. The property benefits from excellent regional accessibility and low Lake County taxes. Investment Highlights: • 1278-1300 Barclay Boulevard: nine-Unit industrial property totaling ±39,995 square feet with 15' clear height • 1278-1300 Barclay Boulevard: currently 35% occupied by four tenants totaling ±13,911 square feet, with five available units totaling ±26,656 square feet • 1278-1300 Barclay Boulevard: available units range from ±2,656 to ±7,065 Square Feet, providing flexibility for a variety of industrial users • 1367-1407 Barclay Boulevard: five-unit industrial property totaling ±75,760 square feet with 18' clear height • 1367-1407 Barclay Boulevard: fully occupied by five tenants with a 4.1-year weighted average lease term • 1367-1407 Barclay Boulevard: units are uniformly sized, ranging from ±15,092 to ±15,232 square feet, offering a highly functional configuration
Market Context
This office in Buffalo Grove, IL is listed for sale. The building dates to 1996. Compare it against other office listings for sale in Buffalo Grove, IL — view the full market.
Contact
- Peter Doughty · (312) 327-5470 · peter.doughty@marcusmillichap.com
- Alex Gallicho · (312) 327-5458 · alex.gallicho@marcusmillichap.com
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