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Unit Size: 5,697 SF
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Condo Use: Flex
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Price: $1,295,000 USD
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Sale Type: Investment
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Price/SF: $227.31 USD
Description
This 5,697 SF flex/industrial condo is located within Iron Gate Motor Plaza, Naperville’s premier auto-focused business park. Built in 2017, the unit combines modern office and showroom finishes with high-clear warehouse space, ideal for a wide range of automotive, service, and light industrial uses.
The property features 20-foot clear ceilings, heavy 3-phase power, radiant heated floors, floor drains, wet sprinkler system, and multiple drive-in doors. The first floor offers a professional reception and service area, while the second floor includes a private office suite with kitchen and bathroom.
Owners and tenants benefit from a professionally managed condominium association, secure gated access, and the branding power of Iron Gate Motor Condos — a luxury complex known for automotive services, events, and a strong enthusiast community. Located just off I-88 and Route 59, the site provides excellent accessibility for both operations and clientele.
Sale Notes
Fortino Real Estate Group is pleased to present a fully leased modern flex/industrial condominium located in Naperville’s Iron Gate Motor Plaza, a premier auto-centric business park. Built in 2017, this two-story, 5,697 square foot unit offers a mix of high-clear warehouse and premium office/showroom finishes, making it ideal for investors seeking a turnkey income-producing asset.
The property is leased to Motive Archive, a specialized automotive marketing company that photographs, lists, and markets high-end vehicles for sale through online auction platforms. Motive Archive recently executed a new three-year triple net (NNN) lease with a three-year renewal option and 2.5% annual rent escalations, providing stable income and long-term upside.
The facility features a high-end showroom and service area on the first floor with radiant floor heating, floor drains, and high-bay LED lighting, along with a second-floor office suite that includes a kitchen, bathroom, and additional
workspace. As part of a professionally managed condominium association, exterior maintenance and landscaping are handled by the association, allowing investors to enjoy a hands-off ownership experience.