
West Pullman Industrial Center
1000 West 119th Street, Chicago, IL, 60643, US
38 406 mètres carrés
JLL as advisor is pleased to present the SiteOne Midwest Distribution Hub, located at 11559 80th Avenue, Pleasant Prairie, WI. This offering represents a unique opportunity to acquire a state-of-the-art, 417,384 square foot industrial distribution facility, strategically positioned within the Chicago MSA.
The Property stands as an institutional-grade asset featuring 100% occupancy with SiteOne Landscape Supply Inc., North America's leading wholesale distributor of landscape supplies. The facility, completed in 2017, boasts 36-foot clear heights, 95 fenced trailer positions, and a designated outdoor storage area, providing optimal operational efficiency solutions. A long-term 10-year lease ensuring secure income with 3.25% annual rent escalations further enhances its appeal.
Perfectly situated between Chicago and Milwaukee, the SiteOne Midwest Distribution Hub benefits from immediate access to I-94, facilitating seamless connectivity to major interstates such as I-55 and I-90. This prime location within a robust industrial corridor provides comprehensive rail service options and proximity to significant air cargo hubs, including Chicago O'Hare International Airport, supporting strategic operational logistics.
This investment underscores long-term cash flow stability and potential for growth due to the Tenant's significant operational footprint. With a projected cash flow increase via rent escalations and SiteOne's market leadership—evident from their dominant 18% market share—investors have an opportunity to gain from consistent value creation and steady returns.
