Description
Investors: Welcome to Iron Gate Motor condos where this commercial autocentric facility has a built-in clientele. 2108 W Ferry Rd #101 in Naperville was built in 2017. Tenants, Brighton are a solid tenant with a lease through 2025 and a 5-year option. Offered at an investor friendly 6.5 Cap Rate. This is a great opportunity for today's investor. Tenant is set up for automotive appearance services, washing, PPF, Coatings, Sales and more. The facility is 5697sf with 20'cellings. Building features: The service area is lit with large LED high bay lighting over 4 stalls and side lighting as well. Radiant floor heat is a great addition and a 50-amp outlet for welding or other service needs. 8 floor drains with soil separation, all draining to triple basin outside. The balance of the first floor offers a large 1/2 bath with ADA compliance about 100sf storage closet under staircase, a full laundry present with natural gas dryer and water heater, all vented outside. You will find a custom-built reception desk with Cambria quartz counter and full laminated cabinets. Glass sliding door and 3 full glass garage doors separate the lobby area and service shop. Leading to the second level you have a full 6' wide staircase that hosts an upstairs office, full bath and complete kitchen offering fridge, electric range oven, built-in microwave, and dishwasher. Additional space can be used for a second office or designed as a place to unwind or entertain clients. Outside we have a 2-car heated driveway that is perfect for awaiting customers. Plus 3 more spaces in front and a parking lot. 2 x 6 timbered walled construction throughout with Hardie cement board siding and metal roofing to keep out the elements. There is a Trex Brand balcony as well.
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School Ratings & Info
Description
Investors: Welcome to Iron Gate Motor condos where this commercial autocentric facility has a built-in clientele. 2108 W Ferry Rd #101 in Naperville was built in 2017. Tenants, Brighton are a solid tenant with a lease through 2025 and a 5-year option. Offered at an investor friendly 6.5 Cap Rate. This is a great opportunity for today's investor. Tenant is set up for automotive appearance services, washing, PPF, Coatings, Sales and more. The facility is 5697sf with 20'cellings. Building features: The service area is lit with large LED high bay lighting over 4 stalls and side lighting as well. Radiant floor heat is a great addition and a 50-amp outlet for welding or other service needs. 8 floor drains with soil separation, all draining to triple basin outside. The balance of the first floor offers a large 1/2 bath with ADA compliance about 100sf storage closet under staircase, a full laundry present with natural gas dryer and water heater, all vented outside. You will find a custom-built reception desk with Cambria quartz counter and full laminated cabinets. Glass sliding door and 3 full glass garage doors separate the lobby area and service shop. Leading to the second level you have a full 6' wide staircase that hosts an upstairs office, full bath and complete kitchen offering fridge, electric range oven, built-in microwave, and dishwasher. Additional space can be used for a second office or designed as a place to unwind or entertain clients. Outside we have a 2-car heated driveway that is perfect for awaiting customers. Plus 3 more spaces in front and a parking lot. 2 x 6 timbered walled construction throughout with Hardie cement board siding and metal roofing to keep out the elements. There is a Trex Brand balcony as well.
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