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Investment Highlights

  • Stabilized multi-tenant industrial/flex investment opportunity
  • Tight multi-tenant flex/industrial submarket | 3.7% vacancy rate for Class B & C multi-tenant industrial/flex product within a two-mile radius
  • Low Lake County real estate taxes
  • Significant anchor tenant | Bureau Veritas of North America, Inc. | €6.47 billion total revenue in 2025
  • Affluent Lake Zurich submarket | $236,000+ average household income within three-mile radius

Executive Summary

The Doughty Industrial Group of Marcus & Millichap is pleased to present the sale offering of 61-95 Oakwood Road in Lake Zurich, Illinois, a fully stabilized multi-tenant industrial/flex investment opportunity.
The subject property is in Lake County just north of East Main Street and downtown Lake Zurich. This business park is ideally within proximity to many national retail brands as well as Lake Zurich High School.
The subject property is ±54,688 rentable square feet and is comprised of nine (9) units, leased to seven (7) different tenants. The property is anchored by Bureau Veritas of North America, which occupies a total of ±22,104 rentable square feet. Bureau Veritas is a recognized world leader in testing, inspection and verification services. Headquartered in Paris, France, Bureau Veritas reported total revenue of €6.47 billion in 2025.
The purchase of this offering presents an investor with the opportunity to own a stabilized multi-tenant flex/industrial asset. With a list price of $5,575,000, the investment offering will generate an in-place net operating income of $447,962 in Year 1, which equates to a capitalization rate of 8.04%.

Financial Summary (Actual - 2025)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income $998,893 $18.27
Taxes - -
Operating Expenses - -
Total Expenses $380,168 $6.95
Net Operating Income $618,725 $11.31

Financial Summary (Actual - 2025)

Gross Rental Income (CAD)
Annual -
Annual Per SF -
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $998,893
Annual Per SF $18.27
Taxes (CAD)
Annual -
Annual Per SF -
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $380,168
Annual Per SF $6.95
Net Operating Income (CAD)
Annual $618,725
Annual Per SF $11.31

Property Facts

Price $7,700,190 CAD
Price Per SF $140.80 CAD
Sale Type Investment
Cap Rate 8.04%
Property Type Flex
Property Subtype Light Manufacturing
Building Class B
Lot Size 4.00 AC
Rentable Building Area 54,688 SF
No. Stories 1
Year Built 1989
Parking Ratio 2.74/1,000 SF
Clear Ceiling Height 22’
No. Dock-High Doors/Loading 6
No. Drive In / Grade-Level Doors 4
Zoning I Industrial - Industrial and Flex

Amenities

  • 24 Hour Access
  • Front Loading
  • Property Manager on Site
  • Security System
  • Signage
  • Storage Space
  • Monument Signage
  • Air Conditioning

Utilities

  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Gas

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Professional, Scientific, and Technical Services
  • 22,104 SF
  • -
  • Single Net
  • Dec 2029

Bureau Veritas est un partenaire mondial de solutions de chaîne d'approvisionnement, allant du concept au consommateur, qui collabore avec des organisations tout au long de la chaîne d'approvisionnement. Avec bien plus de centaines de bureaux et laboratoires répartis à travers le monde, ils sont fiers d'être les gestionnaires de qualité pour de nombreuses marques, détaillants et chaînes d'approvisionnement parmi les plus renommés au monde. Présent dans tous les principaux territoires de sourcing et de vente à l'échelle mondiale, leurs solutions de tests, d'inspection, de certification et de conseil aident les entreprises qui fabriquent, distribuent ou vendent des produits de consommation et technologiques à améliorer : la qualité des produits, la sécurité, la connectivité, la conformité environnementale et la sécurité, la flexibilité de sourcing, la rapidité de mise sur le marché, la rentabilité et la protection de la marque tout au long de la chaîne d'approvisionnement.

  • Services
  • 6,265 SF
  • -
  • Triple Net
  • Jan 2030

Civitas Circle a été lancé après 25 ans de services de fabrication sous contrat pour le département de la Défense des États-Unis, Motorola, Samsonite, Abbott, Showline, Allen Edmonds, Red Wing, Stormy Kromer, Neiman Marcus, Steiner et bien d'autres. De la production d'uniformes de combat militaires et de bottes pour temps chaud, d'étuis en cuir pour téléphone et équipement, de porte-documents, de sacs de voyage, de sacs à main, de fourre-tout, de porte-animaux de compagnie, de vêtements décontractés, de bottes de travail et plus encore, le personnel de Civitas a acquis des connaissances et de l'expérience dans la conception et la fabrication.

  • Extra Wide Socks
  • -
  • 8,005 SF
  • -
  • -
  • Apr 2028
  • First Step USA
  • -
  • 4,202 SF
  • -
  • -
  • Jan 2027
  • Formula 1 Cheer
  • -
  • 10,252 SF
  • -
  • -
  • Mar 2028
  • Mark Giannechini
  • -
  • 3,091 SF
  • -
  • -
  • Mar 2028
  • United Adhesives
  • -
  • 769 SF
  • -
  • -
  • Nov 2026
Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Professional, Scientific, and Technical Services 22,104 SF - Single Net Dec 2029
Services 6,265 SF - Triple Net Jan 2030
Extra Wide Socks - 8,005 SF - - Apr 2028
First Step USA - 4,202 SF - - Jan 2027
Formula 1 Cheer - 10,252 SF - - Mar 2028
Mark Giannechini - 3,091 SF - - Mar 2028
United Adhesives - 769 SF - - Nov 2026
Somewhat walkable
30/100
Exceptionally drivable
90/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
14-16-301-020
Land Assessment
$311,043 CAD (2024)
Improvements Assessment
$2,432,575 CAD (2024)
Total Assessment
$2,743,618 CAD (2024)
  • Listing ID: 39887131

  • Date on Market: 2026-03-24

  • Last Updated:

  • Address: 61-95 Oakwood Rd, Lake Zurich, IL 60047

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