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Property profile & analytics
FOR SALE
Flex space

4222-4248 Meridian Pkwy Aurora, IL 60504

21,500 SF Built 2008
Property ID
US28-Q018939
Property summary
AI-generated overview

Versa Real Estate Services is pleased to present for sale a modern single story complex in close proximity to numerous shopping and dining options along Route 59. The property is situated in the distinguished Meridian Business Campus among numerous corporate users and is currently zoned M1 (Manufacturing District, Limited) allowing for numerous light industrial and office uses. The building contains up to 21,476 SF (divisible to 3,991 SF). The building features 1200 amp, 3-phase service, 36' column to column spacing and approximately 14'6" clear height. In addition, the building can provide up to three (3) 12' x 12' drive-in doors/docks providing access for box trucks. The building is fully air conditioned and provides for a healthy parking ratio of up to 4 spaces per 1,000 SF. Tenants also benefit with monument signage along Meridian Pkwy. The interior build out is a one of a kind of build out with exposed ceiling throughout and well-appointed finishes. A purchaser could occupy 100% of the Property for office or industrial uses and they could occupy a portion of it and lease out the remaining space.

Property profile
Verified
Property type Flex space
Year built 2008
Total area 21,500 SF
UPID US28-Q018939
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Sunset Roofing Co. Roofing Company General Contractor
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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