Vibrant Flex/Industrial Space, Suitable for High-Growth Logistics and eCommerce, Light Industrial, R&D, Pharmaceutical, Medical or Regional HQ Operations
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OVERVIEW
Located within a high image business park in close proximity to restaurants and hotels, 600 Heathrow is a 30,560 SF single-tenant, industrial-office property situated on 3.14 acres within the Lincolnshire Business Center in Lake County, IL.
Built in 1987, the well maintained, two story building is comprised of one-third office space and two-thirds warehouse/assembly space.
Ideal for businesses seeking to upgrade or expand nearby operations, growing companies in need of light industrial space to scale their distribution, or those looking for a foothold in the Midwest/suburban Chicago area, including:
Light manufacturing or assembly companies with substantial power supply needs
Warehousing and distribution companies seeking high ceiling heights and exterior loading docks for efficient storage and fulfillment
Telecom / data hosting companies with substantial power supply needs
R&D companies in tech, electronics and biotech requiring a hybrid of office, manufacturing and warehouse space with floor drains housed in a single location
Companies requiring showroom space combining retail display with onsite storage and distribution
Established companies in need of additional distribution points and seeking to reduce last-mile delivery expense
Growing e-commerce operations seeking a regional office and distribution hub in the Midwest region
Growing on-demand warehousing prop tech companies seeking to expand their warehouse footprint
LOCATION
600 Heathrow Drive is located in an established light industrial park between Aptakisic Road and Half Day Road. It is surrounded by corporate headquarters and light industrial and flex/office properties. The property is situated minutes from multiple I-94 interchanges within one of Chicago's most affluent suburbs. With a 3 mile population of over 60,000 people, Lincolnshire has long been regarded as one of the top Chicago communities to live and work.
The Village of Lincolnshire is located in Lake County, a collar county to the Chicago metropolitan area, and is in the northeast corner of Illinois. Lake County is bordered by Wisconsin to the north, Lake Michigan to the east, Cook County (greater Chicago) to the south and McHenry County to the west. The property is close to major highways, transit hubs, airports and hotels.
Lake County offers a significantly more favorable real estate tax environment than neighboring Cook County. Given 600 Heathrow Drive is less than 4 miles from Cook County, it offers a great location and attractive real estate taxes.
30 minutes to O’Hare International Airport
2.3 miles to Buffalo Grove Metra commuter train station
3.3 miles to I-94 via Rte 22
5 miles to I-94 via Deerfield Road
Chicago is a culturally rich and dynamic city, and the suburban location offers the option for employees to commute from the city or live in the surrounding suburban areas.
Drive-ins: one oversized drive-in door (12’ x 14’)
Electrical: 4,000 Amps @ 480 volts
A/C: entire building is fully air-conditioned
Sprinkler: yes
Floor drains and compressed air lines in warehouse
Real estate taxes: $63,196 ($2.07/SF)
Sale price: $2,650,000 ($86.71/SF)
Lease Rate: STO (NNN)
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Versatile – 9 private offices situated among otherwise open office space; well-maintained with built-in cubicles. Large conference room, training room, three assembly areas. Enclosed office / storage areas on warehouse floor.
Flexible Layout - Facilitates increased distancing for risk-mitigation of operations in light of COVID-19, influenza and similar threats.
Multiple HVAC zones
Open office layout
Three staircases - can be designated up/down-only as needed for social distancing
Elevator lift in place
Existing desk configurations can easily be partitioned
Expandable – Both building and parking areas are expandable onto existing acreage.
Accessibility – 79 parking spaces on site. Corner location with two ample entrances / exits accessible from Heathrow Drive and Schelter Road.
Staff Amenities – Two kitchen/coffee areas, large breakroom. Substantial outdoor break area with picnic tables overlooking adjacent pond. Men and women’s shower / locker room areas.
Security/Fire – Keyless entry system, fire and alarm system. Secure IT room.
Visibility – Property benefits from corner location
Zoning – Commercial (office/industrial-office)
600 Heathrow Floor Plan
Second Floor Office Plan
600 Heathrow Site Plan showing potential building expansion