0 Confidential Gurnee, IL 60031
This exceptional investment opportunity presents a portfolio of six Class A industrial buildings, encompassing flex, R&D, and warehouse space. Strategically located across multiple prime locations in Illinois, Pennsylvania, and Massachusetts, this portfolio totals 250,000 to 1,500,000 square feet. Currently boasting 60% occupancy, the property offers significant value-add potential. The buildings underwent renovations in 2015, and feature credit-rated tenants under multi-tenant leases. Rent bumps are in place, ensuring future income growth. The portfolio is currently off-market and presents a unique opportunity for qualified investors and operators seeking high-cap, prime office and scientific properties. The portfolio includes major scientific, lab, and technology tenants, resulting from recent balance sheet restructurings. The in-place capitalization rate is 8-12%, with the potential to reach 9-12% unlevered cap rate upon full occupancy. The asking price for this exceptional portfolio is $90,000,000. Further details are available upon execution of a non-disclosure agreement.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.