2340 Michigan St

Industrial for Lease
Catylist Listing ID: 30799355
Property Subtypes: Manufacturing, Mixed Use, Light Industrial, Truck Terminal
Building Status: Under Construction
Contiguous Space: 9,006 - 20,621 SF
Gross Building Area: 26,680 SF
Gross Land Area: 7.56 Acres
Lease Rate: $12 PSF (Annual)
Base Monthly Rent: $20,621
Lease Types: NNN
Docks/Doors: 3 Docks
Drive In Bays: 3 Bays
In Opportunity Zone? Yes
Last Updated: 9/15/2022

Overview / Comments

New Construction engineered design steel building insulated with poured interior concrete security walls. Rental units contain basic two room office setup, with separate men’s and woman’s bathrooms, and utility closet. Office wall drywall and painted natural color to match LVL tile floor, with subtended ceiling and LED lighting. Office and restrooms have separate HVAC from warehouse. Warehouse area heated with Infrared natural gas heaters; Ceilings includes large industrial fans for air movement. Natural gas metered by individual units.
Whole building includes an ESFR sprinkler system. Each rental unit has one drive in truck door 14’ wide by 16’ high. A loading dock door 9’ wide by 8’ high with a 30,000 lb. Blue Giant power pit style hydraulic dock leveler, and trailer seal and shelter units. All units have separately metered 480 volt, 3-phase, 800 amp, 4-wire main electrical. High bay UFO style LED lights 277 volts. One transformer to step down the power to 120/208 volt 3-phase for 20-amp 120 volts wall receptacles spaced through unit and office area. Leases are CAM and Triple NET extra cost: Landscaping, mowing, snow removal, exterior lighting, and fire hydrant/sprinkler system yearling maintains, fire extinguisher testing all part of the CAM. Property Taxes and building insurance. Trash and recycling are individual tenant responsibility The property is Zoned I-2 Industrial.
Buildings located on Michigan Street / US Hwy 20 Heavy Truck route. Two miles from IN-312 (Cline Ave), I-80/90/94.

Expand All Available Space

Suite: 2340 20,621 SF $12 PSF (Annual) NNN
Space Available: 20,621 SF
Minimum Divisible: 9,006 SF
Lease Rate: $12 PSF (Annual)
$20,621 (Monthly)
Lease Type: NNN
Date Available: 9/1/2022
Space Type: New
Parking Spaces 134
Loading Docks 3
Drive In Bays 3

Additional Details

Nearest MSA: Chicago-Naperville-Elgin
County: Lake
Tax ID/APN: 45-03-32-477-003.000-024
Zoning: I-1
Tenancy: Multiple Tenants
Year Built: 2022
Total Parking Spaces: 134

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,086 115,768 250,184
Median Age: 32.18 33.07 35.91
Households: 3,413 42,269 93,613


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