8250 SKOKIE BLVD.

Property Overview

Interra Realty has been exclusively engaged to market 8250 Skokie Blvd, Skokie, IL. The subject property is a 73,293 SF Industrial building which is predominantly leased by Gerber Collision & Glass, with a Church occupying 4,437 SF, and an additional first floor office unoccupied.

Gerber Collision and Glass has been in operation at this location since 1997 and recently extended their lease another 10 years which shows commitment to the site. The current lease has 8+ years remaining and provides limited landlord responsibilities. There is a 10% rent bump in the lease in April of 2028 and the tenant has two remaining options.

The offering presents investors with the opportunity to acquire a net leased industrial asset in a strong north side Chicago suburb with a long term tenant in place and an opportunity to add value in leasing remaining unoccupied space.

Highlights

  • Prime Chicago North Suburb Net Lease Industrial
  • Gerber Collision has been in operation at this site since 1997
  • Limited Landlord Responsibilities
  • 10% Increases every 5 years
  • Close Proximity to Metra Line & Downtown Skokie
  • 2 Drive in Doors/2 Docks
  • Favorable CX Zoning for potential Future Development

Key Details

Sale Price
$6,370,000
Square Feet
73,293
Lot Size
2.26 Acres
Submarket
Skokie, IL