Descriptif

Jones Lang LaSalle ("JLL"), as exclusive advisor to ownership, has been retained to market for sale the fee-simple interest in 175 Mercedes Drive (the "Property" or the "Opportunity"), a 259,382-square foot light industrial facility located in Carol Stream, Illinois. Constructed as a build-to-suit for Berlin Industries (acquired by the current tenant, American Litho), the facility operates as American Litho's main production and distribution facility - printing, sorting, and distributing direct mail and digital marketing campaigns for customers. The building is supported by five, 4,000 amp power services (20,000 amps total) and is operated by 500 employees 24/7 on two shifts.

Located in the Carol Point Business Center, the Property enjoys a prime corporate environment with access to Chicago's major transportation infrastructure via I-355 to the East. Further, the Property offers an infill Chicago location within DuPage County, ensuring a lower tax liability compared to neighboring Cook County.

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Attributs

Superficie du bâtiment nette

24 097 mètres carrés

Occupation

100 %

Année de construction

1990

Power Capacity

20,000 Amps

Média

Points forts de l'investissement

Mission-critical headquarters & production facility with heavy power
The Property represents American Litho’s headquarters and only production facility.
To serve its direct mail customers, the facility includes heavy machinery for printing and sorting operations which are powered through its 20,000 amps of power capacity
Stabilized, growing cash flow with 41.3% mark-to-market upside
Dense industrial setting within the Carol Point Business Park
Stabilized, growing cash flow with mark-to-market upside
Premier North DuPage County industrial submarket with sub-3% vacancy