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Property profile

737 Hastings Dr Buffalo Grove, IL 60089

OFF-MARKET
Industrial properties
15,000 SF Built 1985

Property summary

AI-generated overview

This exceptional 15,000-square-foot flex space, located at 737 Hastings Dr in Buffalo Grove, Illinois, presents a unique sublease opportunity. The single-tenant property, built in 1985 and extensively renovated in 2022, boasts a modern industrial design. The building features a single story with impressive 18-foot ceilings, providing ample vertical space for various business needs. Power is readily available at 200 amps. Situated in Lake County, this property offers unparalleled convenience with easy access to major transportation arteries, including I-94 and I-290, ensuring seamless connectivity to the greater Chicago metropolitan area. The location itself is a significant advantage, nestled within a thriving community boasting a diverse range of retail establishments, restaurants, and recreational amenities, fostering a strong workforce and client base. The property's excellent visibility and proximity to local parks and dining options further enhance its appeal. This is an ideal space for businesses seeking a modern, functional, and strategically located facility within a vibrant and accessible suburban setting. The property's recent renovation ensures a move-in ready condition, minimizing any upfront investment in upgrades or repairs. This sublease presents a compelling opportunity to establish or expand your business in a prime location. The zip code is 60089.

Property profile

Verified
Property type Industrial properties
Year built 1985
Total area 15,000 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Building Supply General Contractor
  • Media Distribution

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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