As the Exclusive Sales Agent for Gates Washer Manufacturing, LLC, (the “Tenant”, “Gates Washer”, or “Company”), Marcus & Millichap is please to present to qualified investors the opportunity to acquire, via long-term sale leaseback, Gates Washer’s sole manufacturing facility (the “Offering” of “Property”). Fully occupied by Gates Washer, the Offering consists of ± 32,400 square feet situated across ±1.01 acres in Chicago, Illinois. The Offering will be subject to a long-term, 15-year absolute net lease structure with a Year-1 NNN rent of $247,860 and 2.50% annual escalations.
Gates Washer is a long-standing, precision manufacturing business specializing in metal stamping and custom washer production, serving a diversified base of industrial and OEM customers across North America. Founded in 1927 and headquartered in Chicago, Illinois, the Company has built a reputation for high-quality manufacturing, engineering expertise, and scalable production capabilities. In June 2023, C.O.I. Holdings acquired the Company, representing its 4th platform acquisition at the time. This acquisition represents a vertical integration move with C.O.I. Holdings’ broader fastener platform, expanding from distribution into manufacturing.
BROKER OF RECORD
STEVEN WEINSTOCK
Illinois Broker of Record
One Mid America Plaza, Suite 200
Oakbrook Terrace, IL 60181
Office (630) 570-2200
Steven.Weinstock@MarcusMillichap.com
License: 471.011175
This information has been secured from sources we believe to be reliable, but we make no representations or warranties, express or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Marcus & Millichap is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2026 Marcus & Millichap. All rights reserved. (Activity ID: ZAG0370749)
