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Investment or Owner User 9325 Gulfstream Rd

15,000 SF Industrial Building Frankfort, IL 60423 £1,975,025 (£132/SF) 7% Net Initial Yield

Investment Highlights

  • Located Closely to Expressways
  • Quality Dock, Doors and Overhead Doors
  • Yard Space Available
  • Updated Office
  • Low Will County Taxes
  • Can be sold to Investor or Owner User!

Executive Summary

FOR SALE TO OWNER USER or as INVESTMENT SALE!! 15,000 sf single-tenant building conveniently located close to the expressway, making it the ideal location for many Industrial Businesses. The property can be sold vacant or as a sale leaseback (5 year lease term or negotiable). The building has an ideal Warehouse & Office layout, that can accommodate many users. Building offers 17’ clear ceiling height, 1 Dock & 3 DIDs. The warehouse is air conditioned, has compressed air throughout, ample power, along with a building backup generator. Yard Space available in the back of the building. Located in Will County, offering lower taxes and great accessibility!!

Property Facts

Price £1,975,025
Price Per SF £132
Sale Type Investment or Owner User
Net Initial Yield 7%
Property Type Industrial
Property Subtype
Warehouse
  • Light Industrial Light Manufacturing
  • Industrial Manufacturing
  • Showroom
Building Class B
Lot Size 1.04 AC
Rentable Building Area 15,000 SF
Number of Floors 1
Year Built/Renovated 1986/2016
Tenancy Single
Parking Ratio 1.47/1,000 SF
Clear Ceiling Height 17 ft
No. Dock-High Doors/Loading 1
Level Access Doors 3

Amenities

  • Front Loading
  • Wheelchair Accessible
  • Monument Signage
  • Air Conditioning
  • Smoke Detector

Utilities

  • Lighting
  • Gas - Natural
  • Water
  • Sewer
  • Heating - Gas

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
09-34-327-001
Land Assessment
£45,931
Improvements Assessment
£148,345
Total Assessment
£194,276

zoning

Zoning Code I1 (Zoned I1 - Limited Industrial District)
I1 (Zoned I1 - Limited Industrial District)
  • Listing ID: 33766410

  • Date on Market: 05/11/2024

  • Last Updated:

  • Address: 9325 Gulfstream Rd, Frankfort, IL 60423

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