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Faits saillants de l'investissement
- 735 Tollgate Road is on a Single Tenant NNN Long Term Lease
- Minimal Common Areas for Maintenance at 665-675 Tollgate Road
- Four Renewals in 2026 Highlight the Stickniess of the Asset
- 665-675 Tollgate Road Has 15 Tenants in Placed. Largest Tenant is 15.1% of Total Area.
- All Units Have Private Restrooms and Entrances
- Significant Tenant Investment in 735 Tollgate Road for Facility Upgrades
Résumé de l'annonce
360 Real Estate Services, LLC is pleased to bring to the market 735 Tollgate Road and 665-675 Tollgate Road. The two properties are available for purchase as a package or separately. At 735 Tollgate Road Staples recently expanded their footprint into the entirety of the building, and has made substantial investment into the infrastructure of the building to convert it over from general flex to suit their print shop requirements including electrical infrastructure, all new LED lighting and reconfiguring the interior layout. In addition, an exterior dock was added to the facility by ownership as part of a Ten (10) Year extension effective July of 2026. 10 Years of NNN lease term with 3% annual bumps bring long term rent growth and stability to the project.
665-675 Tollgate Road is a fully stabilized multi-tenant single story office/flex property with immediate access to I-90 off the Route 31 ramp. The property is 100% occupied with 15 separate units, the largest of which is no more than 15.1% of the total building minimizing cash flow disruptions. All private entrance single story office and flex mixture with minimal common area (one shared loading hallway). The building has a covered shared loading area with one (1) loading dock with leveler and one ramp. Four Tenants have come up for renewal in 2026 and all four have renewed demonstrating the stickiness of the multi-tenant asset.
The portfolio is located on Tollgate Road, less than a quarter mile off the I-90/Route 31 exchange with East/West access to the expressway.
665-675 Tollgate Road is a fully stabilized multi-tenant single story office/flex property with immediate access to I-90 off the Route 31 ramp. The property is 100% occupied with 15 separate units, the largest of which is no more than 15.1% of the total building minimizing cash flow disruptions. All private entrance single story office and flex mixture with minimal common area (one shared loading hallway). The building has a covered shared loading area with one (1) loading dock with leveler and one ramp. Four Tenants have come up for renewal in 2026 and all four have renewed demonstrating the stickiness of the multi-tenant asset.
The portfolio is located on Tollgate Road, less than a quarter mile off the I-90/Route 31 exchange with East/West access to the expressway.
Faits sur la propriété
| Type de vente | Investissement | Individuellement en vente | 0 |
| Statut | Actif | Taille totale du bâtiment | 67 697 pi² |
| Nombre de propriétés | 2 | Superficie totale du terrain | 5,21 AC |
| Type de vente | Investissement |
| Statut | Actif |
| Nombre de propriétés | 2 |
| Individuellement en vente | 0 |
| Taille totale du bâtiment | 67 697 pi² |
| Superficie totale du terrain | 5,21 AC |
Propriétés
| Nom de la propriété/adresse | Type de propriété | Taille | Année de construction | Prix individuel |
|---|---|---|---|---|
|
Leslie Oaks Bus Ctr 3
665-675 Tollgate Rd, Elgin, IL 60123 |
Local d'activités | 39 500 pi² | 1989 | - |
|
Leslie Oaks Bus Ctr 1
735 Tollgate Rd, Elgin, IL 60123 |
Local d'activités | 28 197 pi² | 1989 | - |
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665-675 & 735 Tollgate Rd
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