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2108-2260 Ferry Rd - Iron Gate Motor Condos 5,697 SF Flex Condo Unit Offered at $1,806,784 CAD in Naperville, IL 60563
INVESTMENT HIGHLIGHTS
- Triple-net lease with 2.5% annual escalations
- Located in Naperville’s top-tier auto business park
- Minutes from I-88, Route 59, and Metra stations
- Premium showroom and office finishes throughout
- Hands-off ownership via condo association
- Surrounded by high-income demographics and new retail development
PROPERTY FACTS
| Total Building Size | 275,000 SF | Typical Floor Size | 18,910 SF |
| Property Type | Flex (Condo) | Year Built | 2017 |
| Property Subtype | Showroom | Lot Size | 18.13 AC |
| Building Class | B | Parking Ratio | 1.76/1,000 SF |
| Floors | 2 | ||
| Zoning | I - Retail/Industrial | ||
| Total Building Size | 275,000 SF |
| Property Type | Flex (Condo) |
| Property Subtype | Showroom |
| Building Class | B |
| Floors | 2 |
| Typical Floor Size | 18,910 SF |
| Year Built | 2017 |
| Lot Size | 18.13 AC |
| Parking Ratio | 1.76/1,000 SF |
| Zoning | I - Retail/Industrial |
AMENITIES
- 24 Hour Access
- Floor Drains
- Mezzanine
- Security System
- Signage
- Storage Space
- Car Charging Station
- Air Conditioning
UTILITIES
- Lighting
- Gas
- Water
- Sewer
- Heating
1 UNIT AVAILABLE
Unit 101
| Unit Size | 5,697 SF | Sale Type | Investment |
| Price | $1,806,784 CAD | Cap Rate | 7.04% |
| Price Per SF | $317.15 CAD | NOI | $127,144.58 CAD |
| Condo Use | Flex | APN/Parcel ID | 07-04-206-002 |
| Unit Size | 5,697 SF |
| Price | $1,806,784 CAD |
| Price Per SF | $317.15 CAD |
| Condo Use | Flex |
| Sale Type | Investment |
| Cap Rate | 7.04% |
| NOI | $127,144.58 CAD |
| APN/Parcel ID | 07-04-206-002 |
DESCRIPTION
This 5,697 SF flex/industrial condo is located within Iron Gate Motor Plaza, Naperville’s premier auto-focused business park. Built in 2017, the unit combines modern office and showroom finishes with high-clear warehouse space, ideal for a wide range of automotive, service, and light industrial uses.
The property features 20-foot clear ceilings, heavy 3-phase power, radiant heated floors, floor drains, wet sprinkler system, and multiple drive-in doors. The first floor offers a professional reception and service area, while the second floor includes a private office suite with kitchen and bathroom.
Owners and tenants benefit from a professionally managed condominium association, secure gated access, and the branding power of Iron Gate Motor Condos — a luxury complex known for automotive services, events, and a strong enthusiast community. Located just off I-88 and Route 59, the site provides excellent accessibility for both operations and clientele.
SALE NOTES
Fortino Real Estate Group is pleased to present a fully leased modern flex/industrial condominium located in Naperville’s Iron Gate Motor Plaza, a premier auto-centric business park. Built in 2017, this two-story, 5,697 square foot unit offers a mix of high-clear warehouse and premium office/showroom finishes, making it ideal for investors seeking a turnkey income-producing asset.
The property is leased to Motive Archive, a specialized automotive marketing company that photographs, lists, and markets high-end vehicles for sale through online auction platforms. Motive Archive recently executed a new three-year triple net (NNN) lease with a three-year renewal option and 2.5% annual rent escalations, providing stable income and long-term upside.
The facility features a high-end showroom and service area on the first floor with radiant floor heating, floor drains, and high-bay LED lighting, along with a second-floor office suite that includes a kitchen, bathroom, and additional
workspace. As part of a professionally managed condominium association, exterior maintenance and landscaping are handled by the association, allowing investors to enjoy a hands-off ownership experience.
Unit Floor Plan
Building Floor Plan
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2108-2260 Ferry Rd - Iron Gate Motor Condos
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