Listing Agency: NAI Hiffman | Oakbrook Terrace d***@hiffman.com Show Phone

Listed By: Dan Leahy · License #475124402

Source: Moodyscre

Added: Apr 30, 2024 Changed: Jul 6 Last Checked: Jul 21 at 5:13AM

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Investment Insights

Based on property information with market context.

Located at 21051 Walter Strawn Drive in Elwood, IL, this property offers a total of 799,294 square feet of divisible space. The warehouse features a 32-foot clear height, a total of 15,069 square feet of office space across four buildouts, 110 exterior docks, and three drive-in doors. Parking includes 199 spaces for automobiles and 243 trailer positions. The property is equipped with ESFR fire protection and has a typical bay size of 50 feet by 48 feet, with 59-foot speed bays. 383,494 square feet of space will be available starting June 1, 2024, with an additional 415,800 square feet becoming available on November 1, 2025.

Key Highlights

• 799,294 SF of divisible space
• 110 exterior docks for efficient loading and unloading
• Benefit from a 32' clear height

Property Analytics

Property Profile

Current Use

NEOVIA LOGISTICS(SAMSUNG) Storage Facility

Suggested Use

Top Pick Parking Lot & Garage Locksmith Auto Repair Shop Auto Parts Store Pharmacy Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

35

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019

4.9% 2020

3.6% 2021

3.1% 2022

4.6% 2023

5% 2024

4.9% 2025

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Frequently Asked Questions

What type of property is this?

Warehouse - 799,294 SF warehouse space available for lease in Elwood, IL.

Where is this warehouse located?

The property is located at 21151 Walter Strawn Dr Elwood, IL.

What are key features of this property?

This property features: 799,294 SF of divisible space; 110 exterior docks for efficient loading and unloading; Benefit from a 32' clear height