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Industrial Warehouse with NNN Lease
For Sale
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22351 joshua drive, Sauk Village, IL 60411

Sale-leaseback structure combines an industrial facility with a new absolute NNN lease.

Property Size117,878 SF
Lot Size9.40 Acres
Days on Market144

Property Features for 22351 joshua drive

General Information

Standard status Active
Size 117,878 SF
Lot size 9.40 Acres
Property subtype Industrial

Building Details

Buildings 1
Building Size 117,878 SF
Listing Agency: Kwekel Companies
Listed By: Damon Root · License #MI
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 3:30AM

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 Kwekel Companies

Investment Insights

Based on property information with market context.

This warehouse offering includes a 117,878-square-foot industrial building positioned on a 9.4-acre site in Sauk Village, Illinois. The property is being offered through a sale-leaseback structure involving Pacesetter.

At closing, Pacesetter will enter into a new 15-year absolute NNN lease. The lease structure provides a defined long-term occupancy arrangement for the industrial asset while transferring property expense obligations under the absolute NNN format.

Key Highlights

  • 117,878‑square‑foot industrial building
  • Situated on a 9.4‑acre site
  • Pacesetter sale‑leaseback transaction

Property Analytics

Current Use

Pacesetter Steel Service, ... Factory

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Spa & Massage Center Auto Repair Shop Hair Salon

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

Location Intelligence

Trade Area within ½ mile

173
Businesses Nearby
Under-served
Demand for This Use

Demographics for 60411, IL

53,515
Population
21,382
Households
2.5
Avg Household Size
36
Median Age
22%
College-Educated
87%
High-School Grad
30.7 sq mi
ZIP Area
1,743
Density / Sq Mi
$56,627
Median Household Income
$35,995
Median Earnings
$1,156
Median Rent
$148,200
Median Home Value

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 - Sale-leaseback structure combines an industrial facility with a new absolute NNN lease.
Where is this warehouse located?
The property is located at 22351 joshua drive Sauk Village, IL.
What are key features of this property?
This property features: 117,878‑square‑foot industrial building; Situated on a 9.4‑acre site; Pacesetter sale‑leaseback transaction
More about this property
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