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1851 Albright Rd 29,670 SF Industrial Building Montgomery, IL 60538 $5,200,500 CAD ($175.28 CAD/SF) 6.51% Cap Rate

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INVESTMENT HIGHLIGHTS

  • 100% NNN Leased Through 7/31/2030
  • Established long term tenant in place
  • Extensive Capex and renovations recently completed

EXECUTIVE SUMMARY

Troy Realty is pleased to present this single tenant NNN leased investment flex building for sale. The property is 100% occupied by Benetech Inc. through July of 2030. Benetech Inc. has occupied the property since 2003 and has an additional two 5-year options to renew after the expiration of the Lease. The property is located in Montgomery, Il within the Montgomery Business Park located in Kane County.  The building is 29,670 SF and is 100% occupied by Benetech, Inc. on a true triple-net lease.  The lease was recently renewed for a seven year term commencing August 1, 2023 and expires July 31, 2030.

DATA ROOM Click Here to Access

PROPERTY FACTS

Price $5,200,500 CAD
Price Per SF $175.28 CAD
Sale Type Investment NNN
Cap Rate 6.51%
Property Type Industrial
Property Subtype
Warehouse
  • Flex Light Manufacturing
  • Flex Research & Development
  • Flex Showroom
Building Class B
Lot Size 1.85 AC
Rentable Building Area 29,670 SF
No. Stories 1
Year Built/Renovated 1998/2023
Tenancy Single
Parking Ratio 1.18/1,000 SF
Clear Ceiling Height 24’
No. Dock-High Doors/Loading 2
No. Drive In / Grade-Level Doors 2
Zoning M-1, Montgomery - Light Manufacturing

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Manufacturing
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000

Established in 1983, Benetech is a pioneer in reducing combustible dust and improving bulk material handling systems. Initially focused on dust suppression, Benetech quickly became respected as the premier dust suppression provider in the United States. As client relationships grew, Benetech’s engineering group and field technician group was called upon to handle various bulk material handling issues. Benetech embarked on a company-wide initiative in the ’90s to research and develop a complete bulk material handling product and services line. Through two acquisitions and the building of “best-in-class” divisions for Dust Collection, Advanced Chute Transfer Systems, Washdown Systems, and Suppression, Benetech has become the only Engineering, Procurement, and Construction (EPC) company with in-house engineering, equipment, manufacturing, research, chemical production, and field service capabilities. first time.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Manufacturing 99,999 SF $9.99 Lorem Ipsum Jan 0000

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
15-32-303-009
Land Assessment
$90,451 CAD
Improvements Assessment
$608,057 CAD
Total Assessment
$698,509 CAD
  • Listing ID: 36666508

  • Date on Market: 2025-07-09

  • Last Updated:

  • Address: 1851 Albright Rd, Montgomery, IL 60538

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