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Frontline Real Estate Partners and RealINSIGHT Marketplace are pleased to present 970 Douglas Road, a 24,844 square foot single-tenant industrial facility, located in Batavia, Kane County, Illinois. (the “Property”). This opportunity provides investors with a rare opportunity to purchase a 100% leased, single-tenant industrial building with strong lease term and long-term tenancy.

 

INVESTMENT HIGHLIGHTS

 

  • The facility is 100% leased to Batavia Bio Processing Limited with lease term through 9/30/2024 

 

  • The lease is guaranteed by the parent company, POS Management Corporation, out of Canada

 

  • The tenant has operated in the facility under various names since the early 1990’s and recently signed a new 8-year lease term in 2016, demonstrating their commitment to the site

 

  • The Property is well located in the heart of Batavia's industrial corridor, less than five (5) miles north of Interstate 88 (I-88), providing access to Chicago, the neighboring western suburbs, and the entire Interstate System

 

  • Suburban industrial is currently at its lowest vacancy rate in decades

 

The Property is well located in the heart of Batavia's industrial corridor, less than five (5) miles north of Interstate 88 (I-88), providing access to Chicago, the neighboring western suburbs, and the entire Interstate System. 970 Douglas Road features two (2) interior loading docks, three (3) drive-in-doors, 22' ceiling heights in the warehouse, warehouse/distribution areas, manufacturing areas, a laboratory, approximately 3,500 SF of office space, multiple conference rooms, bathrooms, and a break area with a kitchen. Additionally, the building is fully sprinklered, and climate controlled. The Property includes approximately 16-vehicle on-site parking lot for employees and customers.

 

 

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Disclaimer: The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions.

Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace, (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property.

You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.

970 Douglas Road - Batavia Industrial

970 Douglas Road, Batavia, IL 60510

Sold Subject To

Asset Snapshot

  • Asset Type
  • Real Estate
  •  
  • Industrial Type
  • Warehouse
  • Property Size
  • 24,844 Sq Ft
  • Land Area
  • 1.81 Acres
  • Year Built
  • 1994
  • Number of Floors
  • 1
  • Number of Buildings
  • 1
  • Parking Count
  • 16
  • Occupancy
  • 100.00%
  • Occupancy as of
  • May 31, 2018
  • Platform Fee

    Platform fee for this transaction is 5.00% or a minimum of $25,000.

  • Auctioneer

    1. Scott Bowers

      c/o Fisher Auction Company Inc.

      License: #040000273