333 Corporate Woods PkwyVernon Hills, IL 60061

For Sale
Call for price

219,935 SF Flex/Warehouse, Value-Add Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 219,935-square-foot industrial property, situated on 11.62 acres in the Corporate Woods Business Park of Vernon Hills, Illinois (zip code 60061), presents a compelling owner-user or value-add investment opportunity. The property, built in 1989, boasts a net rentable area of 144,025 square feet, with 35% occupancy currently secured by a long-term lease. A significant 144,025 square feet is available for immediate occupancy, including approximately 52,295 square feet of office space (which is adaptable). The building features impressive specifications, including 22-foot clear ceiling heights, six loading docks, and ample parking for 600 vehicles. The property benefits from robust power infrastructure, including 6,500 amps, and includes a backup generator for reliable operations. This strategically located asset in Lake County offers significant potential for expansion and customization, making it an ideal choice for businesses seeking a versatile and well-equipped industrial space. The property is offered as a net lease to a credit-rated tenant. This is a rare opportunity to acquire a substantial industrial property in a prime Vernon Hills location.

Highlights

  • 219,935 SF industrial property for sale in Vernon Hills, IL, offering owner/user and value-add investment opportunities.
  • 35% occupancy with a long-term lease in place; 144,025 SF available for immediate occupancy, including 52,295 SF of office space.
  • Located in the Corporate Woods Business Park in Lake County, IL, at 333 Corporate Woods Pkwy, 60061.
  • Features include 22' clear height ceilings, 6 loading docks, 600 parking spaces, and 6,500 amps of power, plus a backup generator.
  • Net lease, credit-rated tenant.

Property Details for 333 Corporate Woods Pkwy

Property type
Other warehouses, Other industrial properties
Square Feet
219,935 SF
Year Built
1989
Lot Size (sq. ft)
506,167 SF

Location Insight

City
Vernon Hills
County
Lake
State
Illinois
Latitude
42.2144795
Longitude
-87.952013
333 Corporate Woods Pkwy, Vernon Hills, Illinois

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333 Corporate Woods Pkwy
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