$1,347,450

Highly Desirable light Industrial flex space property near City Gate. I88, Route 59 and Ferry. Fantastic End Unit 120 with adjacent unit 118. Building has plenty of parking with 24 spots per bylaws. Currently this fantastic light Industrial condo is built out for office use with 7663sf and warehouse using only 1320sf for total dual units equaling 8983sf. The warehouse is heated with a Reznor style gas furnace. Currently it is in use with an interior design company. Units 118 and 120 are seperate so 2 tenants spaces are available. Or move your business in 1 and rent other out. Other great uses will be for Sales, Service, Support, Travel Agency, Insurance agency, Physical Therapy, Real Estate, Financial Advisor, HVAC, Fire Suppression, Garage Door company and any business that would like to park some vehicles inside or have a need to store supplies. Since there is a drive in door the facility could go back to more warehouse space by removing offices and walls. Tenants are out 2/2024 with Modified Gross Lease which includes property taxes, insurance, and common area maintenance. The only additional charge is for tenants' share of utilities. They are paying $11,250 a month thru February 2024. Cap rate is 7 which is good for the buyer. Tenant is not staying but very doable for investor to find your tenant with these numbers. The property has 400amp phase 3 electric. The interior buildout features a big kitchen, a kitchenette, 4 ADA washrooms, a second floor, lots of private offices and lots of open work station areas. Also, a nicely done reception area with a second story overlook with lots of big windows for plenty of light to fill the interior. My favorite room is the very classy boardroom/conference room. The Prairie Point Corporate Center Business Park is one block North of Ferry Ave one light from Route 59 & I-88 E-W Tollway. Neighbors are City Gate with its restaurants, shops and hotel Arista. Across 59 is the Carmax, Whirlyball and Top Golf. This really is a must see to appreciate property. Set up your showing right away! Property has two PINS: 0703209009 & 0703209010