85-125 Hankes Ave
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85-125 Hankes Ave
87,662 SF Industrial Building Aurora, IL 60505 £7,373,800 (£84/SF) 7% Net Initial Yield
Investment Highlights
- Ceiling Height 16' - 20'
- Minutes from I-88 and Rt. 31
- HIgh Power Phase 3 - transformers can handle additonal power if needed
- 100% lease with a 7% cap rate
Executive Summary
Industrial Park For Sale
This fully occupied industrial park includes four warehouses and one office building, providing 87,662 SF.
We are priced at $105 PSF.
Situated in a strategic location, the park offers robust leasing potential and a mix of warehouse and office facilities.
Property Breakdown:-
85 Hankes Drive (Office Building): 7,200 SF / Single Tenant Building
95 Hankes Drive (Warehouse): 12,000 SF / 6 DID
105 Hankes Drive(Warehouse): 25,000 SF / 8 Docks & 2 DID
115 Hankes Drive** (Warehouse): 19,000 SF / Two Docks & One DID
875 Aurora Avenue** (Warehouse): 24,462 SF / Three Docks & Three DID
This fully occupied industrial park includes four warehouses and one office building, providing 87,662 SF.
We are priced at $105 PSF.
Situated in a strategic location, the park offers robust leasing potential and a mix of warehouse and office facilities.
Property Breakdown:-
85 Hankes Drive (Office Building): 7,200 SF / Single Tenant Building
95 Hankes Drive (Warehouse): 12,000 SF / 6 DID
105 Hankes Drive(Warehouse): 25,000 SF / 8 Docks & 2 DID
115 Hankes Drive** (Warehouse): 19,000 SF / Two Docks & One DID
875 Aurora Avenue** (Warehouse): 24,462 SF / Three Docks & Three DID
Data Room Click Here to Access
Property Facts
| Price | £7,373,800 | Rentable Building Area | 87,662 SF |
| Price Per SF | £84 | Number of Floors | 1 |
| Sale Type | Investment or Owner User | Year Built | 1960 |
| Net Initial Yield | 7% | Tenancy | Single |
| Property Type | Industrial | Clear Ceiling Height | 16 ft |
| Property Subtype | Warehouse | No. Dock-High Doors/Loading | 20 |
| Building Class | C | Level Access Doors | 10 |
| Lot Size | 14.00 AC | Cross Streets | Aurora Ave |
| Price | £7,373,800 |
| Price Per SF | £84 |
| Sale Type | Investment or Owner User |
| Net Initial Yield | 7% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 14.00 AC |
| Rentable Building Area | 87,662 SF |
| Number of Floors | 1 |
| Year Built | 1960 |
| Tenancy | Single |
| Clear Ceiling Height | 16 ft |
| No. Dock-High Doors/Loading | 20 |
| Level Access Doors | 10 |
| Cross Streets | Aurora Ave |
Amenities
- Fenced Lot
Utilities
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | £548,280 | |
| Land Assessment | £205,715 | Total Assessment | £753,995 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
£205,715
Improvements Assessment
£548,280
Total Assessment
£753,995
zoning
| Zoning Code | M-2 (Heavy Industrial Zone) |
| M-2 (Heavy Industrial Zone) |
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85-125 Hankes Ave
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