725 Logistics DrBelvidere, IL 61008

This exceptional 100,000-square-foot industrial property presents a compelling owner-occupant or investment opportunity. Located in Belvidere, Illinois, within the thriving I-90 Logistics Corridor, this single-story, 2005-built facility sits on a substantial 10.32-acre lot. The property features 16 loading docks and 16 dock-high doors, complemented by a 32-foot ceiling height. Currently, 50% of the space (50,000 square feet) is leased to a credit tenant, GXO Logistics, since 2010, with a customized fit-out including 100% air conditioning and humidity control for aerospace-related operations. The remaining 50,000 square feet is available for immediate occupancy or leasing, offering significant flexibility for a new owner. The property is zoned for light industrial use and offers expansion potential. This fee-simple ownership opportunity is part of an established industrial park, providing easy access to two I-90 interchanges. Offers are due October 15, 2024. The property's APN is 05-33-201-001. This is a rare chance to acquire a well-located, partially leased industrial asset with substantial upside potential. The property is located at 725 Logistics Dr, Belvidere, IL 61008.