1602 McNeil Road, Rock Falls, IL 61071
Facilities in Illinois and Kansas support manufacturing and warehouse operations under a planned triple-net leaseback.
Property Features for 1602 McNeil Road
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The offering is structured as a sale-leaseback covering 100% of the net rentable area. Following closing, Tramec intends to lease the full 91,000 square feet under a triple-net lease, with rent commencement immediately after the transaction closes. The portfolio provides exposure to two established operating locations serving manufacturing and warehouse functions.
Key Highlights
- Two manufacturing and warehouse facilities totaling 91,000 square feet
- Located at 1602 McNeil Road, Rock Falls, IL 61071, and 32 Clark Avenue, Wellington, KS
- Tramec, LLC has occupied the Rock Falls facility since 1957
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Trade Area within ½ mile
Demographics for 61071, IL
Market
Vacancy Rate% for Industrial in Midwest region