Naperville, Illinois, is a prime location for investing in industrial properties, offering a unique blend of amenities, infrastructure, and location. Industrial properties in Naperville for sale present a lucrative opportunity for investors, with 5 available listings to choose from. These properties can represent a range of investments, from warehouses and manufacturing facilities to distribution centers and research and development spaces. Naperville's strong economy, fueled by major employers like Edward Hospital and companies like Bell Labs and Kraft Foods, makes it an attractive location for industrial properties. The city's amenities, including the Naperville Public Library and extensive parks, as well as its location near the Ronald Reagan Memorial Tollway and US Route 34, make it an ideal spot for businesses and residents alike. Additionally, Naperville's geography, situated 28 miles west of Chicago, provides easy access to the city and its many resources.
Naperville's industrial properties offer a range of benefits, including an average price per square foot of $283 USD and an average size of 37,816 square feet. The largest industrial property available is 161,209 square feet, providing ample space for businesses of all sizes. With an average cap rate of , industrial properties in Naperville present a strong investment opportunity. In addition to industrial properties, Naperville also offers a range of other property types, including warehouses, land, apartment buildings, and commercial real estate. Warehouses in Naperville provide ample storage and distribution space, while land offers opportunities for development and growth. Apartment buildings and commercial real estate round out the city's offerings, providing a range of options for investors. Overall, Naperville's industrial properties and other property types make it an attractive location for businesses and investors alike.
What is the average price per square foot for industrial properties in Naperville?
The average price per square foot for industrial properties in Naperville is $283 USD per square foot, with 5 available listings ranging in size from 37,816 square feet to 161,209 square feet, offering a diverse range of options for businesses and investors in this desirable location.
How do location and transportation access affect industrial property values?
Location and transportation access play a significant role in determining industrial property values in Naperville, Illinois, as they impact the ease of doing business, accessibility to suppliers and customers, and overall operational efficiency.
- Proximity to major transportation hubs, such as the Ronald Reagan Memorial Tollway, US Route 34, and the BNSF Railway, can increase industrial property values by providing easy access to regional and national markets, reducing transportation costs, and enhancing logistics.
- The availability of public transportation options, including Pace bus service and Metra rail, can also boost industrial property values by providing employees with convenient commuting options and reducing the need for on-site parking.
- In addition, industrial properties located near amenities such as Edward Hospital, the Naperville Public Library, and the Riverwalk, can benefit from a more attractive business environment, which can lead to higher property values and increased demand.
