M-Wave International NNN
For Sale
Contact for pricing
100 High Grove Blvd, Glendale Heights, IL 60139
Absolute net lease includes a 10-year primary term and four extension options.
Property SizeContact for details
Days on Market142
Property Features for 100 High Grove Blvd
General Information
Standard status
Active
Property subtype
Industrial
Listing Agency:
Transwestern Houston
Listed By:
Andrew Watson · License #IL 475136758
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 30 at 9:10PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Transwestern Houston
Investment Insights
Based on property information with market context.
The offering comprises a 42,136-square-foot industrial facility on 4.67 acres at 100 High Grove Blvd in Glendale Heights, Illinois. M-Wave International has owned and occupied the property since 2013, and the facility has received recent capital improvements.
The property is structured as an absolute NNN lease and will be 100 percent leased to M-Wave International upon Close of Escrow. The initial lease term is 10 years, followed by four five-year extension options. Base rent increases by 1.5 percent annually during both the primary term and option periods.
M-Wave International provides circuit boards and assembly sourcing along with logistics, production-process consulting, demand forecasting, and inventory programs. The fee simple offering combines the existing industrial facility with a long-term lease structure and established occupant.
The property is structured as an absolute NNN lease and will be 100 percent leased to M-Wave International upon Close of Escrow. The initial lease term is 10 years, followed by four five-year extension options. Base rent increases by 1.5 percent annually during both the primary term and option periods.
M-Wave International provides circuit boards and assembly sourcing along with logistics, production-process consulting, demand forecasting, and inventory programs. The fee simple offering combines the existing industrial facility with a long-term lease structure and established occupant.
Key Highlights
- 42,136‑square‑foot facility on 4.67 acres
- Absolute NNN lease with 10‑year primary term
- Four five‑year tenant extension options
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
726
Businesses Nearby
Explore this area
Business Placement
Demographics for 60139, IL
33,196
Population
11,882
Households
2.8
Avg Household Size
36
Median Age
30%
College-Educated
83%
High-School Grad
5.5 sq mi
ZIP Area
6,036
Density / Sq Mi
$81,996
Median Household Income
$41,752
Median Earnings
$1,558
Median Rent
$249,300
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
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Frequently Asked Questions
What type of property is this?
NNN property - Absolute net lease includes a 10-year primary term and four extension options.
Where is this nnn property located?
The property is located at 100 High Grove Blvd Glendale Heights, IL.
What are key features of this property?
This property features: 42,136‑square‑foot facility on 4.67 acres; Absolute NNN lease with 10‑year primary term; Four five‑year tenant extension options
