725 Logistics Dr Belvidere, IL 61008-8507
- Industrial properties
- 100,000 SF
- 10.32 lot acres
Current Use by Public Records
- Eberspaecher / Roofing Contractor
Property Details for 725 Logistics Dr
- Year built
- 2008
- Lot size
- 10.32 lot acres
- Property size
- 100,000 SF
- Property type
- Industrial properties
- APN
- 05-33-201-001
- APU
- 533201001
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Belvidere
- County
- Boone
- State
- Illinois
- Longitude
- -88.8892
- Latitude
- 42.2535
- CBSA code
- 40420
- CBSA name
- ROCKFORD, IL METROPOLITAN STATISTICAL AREA
