Your email has been sent.
Oakwood Road 61-95 Oakwood Rd 54,688 SF 100% Leased Flex Building Lake Zurich, IL 60047 $7,700,190 CAD ($140.80 CAD/SF) 8.04% Cap Rate



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 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 | Rentable Building Area | 54,688 SF |
| Price Per SF | $140.80 CAD | No. Stories | 1 |
| Sale Type | Investment | Year Built | 1989 |
| Cap Rate | 8.04% | Parking Ratio | 2.74/1,000 SF |
| Property Type | Flex | Clear Ceiling Height | 22’ |
| Property Subtype | Light Manufacturing | No. Dock-High Doors/Loading | 6 |
| Building Class | B | No. Drive In / Grade-Level Doors | 4 |
| Lot Size | 4.00 AC | ||
| Zoning | I Industrial - Industrial and Flex | ||
| 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
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.
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 |
Property Taxes
| Parcel Number | 14-16-301-020 | Improvements Assessment | $2,432,575 CAD (2024) |
| Land Assessment | $311,043 CAD (2024) | Total Assessment | $2,743,618 CAD (2024) |
Property Taxes
Presented by
Oakwood Road | 61-95 Oakwood Rd
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.

