Net Leased Warehouse With NASDAQ Tenant at 9.0% Cap
No Longer Available For Sale
900 E. Green St.
Bensenville, IL 60106
30,500 SF
Industrial
The Details
- 30,500 SF industrial warehouse
- Net leased to Rubicon Technology (NASDAQ: RBCN) through June 2019
- Initial Cap Rate: 9.0%
- Developed in 2007 as a build-to-suit
- Used as global HQ and manufacturing
- Net Rent: $256,200
- Land Area: 76,775 SF
- Zoning: I-3, heavy industrial
- Taxes (2014): $50,478
This 30,500 square foot industrial warehouse is net leased through June 2019 to Rubicon Technology, a publicly traded advanced electronic materials provider. Built in 2007, the property was built-to-suit the current tenant, with 24’ ceilings, ESFR sprinklers, 400 amp power, two dock doors, one drive-in door, and 10,000 square feet of office space, including the mezzanine space. This is one of six global locations for the tenant and serves as both the global headquarters and a manufacturing facility.
Part of the O’Hare Industrial submarket, the property is located in an industrial park near the Canadian Pacific Intermodal Railyard. Bensenville has a strong industrial and office market due to its proximity to O’Hare as well as Chicago’s extensive rail and highway networks.