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1503 W Front St
Roanoke, IL 61561
Basin Industries · Industrial Property For Sale
Investment Highlights
- Strong Corporate Guarantee
- Attractive Rental Increases
- Brand New, 20-Year Sale-Leaseback
- Mission Critical Facility
Executive Summary
Surmount is pleased to present the exclusive listing for a Basin Industries property located at 1503 West Front Street, Roanoke, IL 61561. The site consists of roughly 37,717 rentable square feet of building space on an estimated 9.85-acre parcel of land. Basin Industries is subject to a 20-year Triple Net (NNN) lease which will commence upon close of escrow. The annual rent will be $260,247 and has scheduled increases of 2.00% annually.
Property Facts
| Sale Type | Investment NNN | Lot Size | 9.85 AC |
| Cap Rate | 7.50% | Rentable Building Area | 37,717 SF |
| Property Type | Industrial | No. Stories | 1 |
| Property Subtype | Warehouse | Year Built/Renovated | 2006/2022 |
| Building Class | C | Tenancy | Single |
| Zoning | C-2 | ||
| Sale Type | Investment NNN |
| Cap Rate | 7.50% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 9.85 AC |
| Rentable Building Area | 37,717 SF |
| No. Stories | 1 |
| Year Built/Renovated | 2006/2022 |
| Tenancy | Single |
| Zoning | C-2 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $745,436 CAD | |
| Land Assessment | $57,340 CAD | Total Assessment | $802,776 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$57,340 CAD
Improvements Assessment
$745,436 CAD
Total Assessment
$802,776 CAD
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