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1111 Nicholas Boulevard

$4650000 (USD)

1111 Nicholas Blvd, Elk Grove Village, IL 60007· In stock· New

Investment Overview
Marcus & Millichap is pleased to present the opportunity to acquire the property located at 1111 Nicholas Boulevard in Elk Grove Village, Illinois leased to Orsini Specialty Pharmacy. The subject property consists of approximately 45,880 square feet of space and is situated on 2.85 acres of land. The asset features 24,293 square feet of office space, 28’ clear height warehouse space, and a separate one-acre parcel with an additional 117 parking spaces. A leading national specialty pharmacy in the U.S., the subject property is national headquarters for Orsini Specialty Pharmacy who has performed strongly throughout COVID-19. With 5.5 years remaining on a 7.5-year, triple-net lease, this offers a hands-off investment opportunity with a tenant who has been at the location for 12 years. The subject property is ideally located with immediate Access to I-90 and O’Hare International Airport, allowing Orsini to ship across the country.

https://tag-industrial.com/

Address:
1111 Nicholas Blvd, Elk Grove Village, IL 60007
Property Type:
Single Tenant
Price:
$4,650,000
Cap Rate:
6.76% cap
NOI:
$314,342
Square Feet:
45,880 sqft
Lot Size:
2.85 acres
Price Per Square Foot:
$101.35
Year Built:
1967/1985

https://tag-industrial.com/properties/1111-nicholas-boulevard/

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