Marengo Retail for Lease - Far Northwest
SINGLE-TENANT OPTION (FULL BUILDING): Suites can be combined up to ±19,520 SF contiguous. Qualified single tenant leasing the full building on an initial 3+ year term receives a 10% base-rent reduction for the first 12 months (base rent only; excludes NNN/CAM, taxes, insurance, utilities, and other charges). Incentive contingent on tenant credit/financial strength and no default.
PROPERTY SUMMARY: Multi-tenant flex / light-industrial facility on U.S. Route 20 in Marengo on ±3.0 acres. Total contiguous area up to ±19,520 SF. Suites available individually or can be combined for a single-tenant take-down. Remodeled in 2021 including mechanical/electrical updates, LED lighting, and asphalt improvements.
BUILDING / FUNCTIONAL FEATURES:
• Flexible showroom/office suite available (front of building) plus multiple shop/warehouse bays
• Shop bay configuration includes (2) 12’ drive-in overhead doors per bay (per bay configuration)
• Open shop/warehouse layouts suitable for contractor operations, service/fleet support, storage/distribution, light assembly, and similar light-industrial users
• Separate suite demising / multi-tenant layout; suites can be combined for larger users
• On-site parking and large lot area (±3 acres) for circulation and operations (outdoor storage only if approved)
• Security system and fiber internet (where applicable)
LEASE STRUCTURE / QUALIFICATIONS:
Lease Type: NNN (tenant pays utilities + proportionate share of taxes/insurance/CAM).
Term: 3+ years preferred (stability-focused). Shorter terms considered case-by-case based on tenant strength.
Qualification: Financial review required; security deposit and insurance required. Personal guaranty may be requested depending on tenant strength.
USE / ZONING:
Intended for contractor/service, fleet/van operations, warehouse/storage, distribution, and light manufacturing/light assembly. Tenant to verify permitted use and any special approvals with the City of Marengo. Tours by appointment. Call 202-909-3180
