Carol Stream Logistics Center _Actifs en vente
Carol Stream Logistics Center _Actifs en vente
550 Center Ave, Carol Stream, IL, 60188-9415, US

Carol Stream Logistics Center

Description de l'actif

Jones Lang LaSalle (Illinois), L.P. (“JLL”), as exclusive advisor to ownership, has been retained to market for sale the fee-simple interest in the Carol Stream Logistics Center, a 185,796 square foot warehouse facility located in North DuPage County submarket of Chicago (the “Offering” or the “Property”). Constructed in 2020, the Property was developed with modern features that today’s logistics users require, including 32’ clear height, 190’ truck court depth (including trailer parking), full concrete parking lots, ESFR fire protection, and ample trailer parking capacity. Additionally, the interior features Ductilcrete slab, superior to traditional flooring, that increases load capacity and reduces future maintenance expenditure. Carol Stream Logistics Center is 100% leased to Omni Cable Corporation, with 5.0 years of term remaining and 3.0% average annual rent escalations. Of Omni Cable’s 15 distribution centers, the Property is among the largest and is considered a “supercenter”, as it stores heavy product and transports finished product directly to customers and other DCs. The Offering consists of a mission-critical logistics facility with a stable, growing cash flow and the opportunity to mark in-place market with consistent income growth and long-term upside.


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 offer an infill Chicago location within DuPage County, ensuring a lower tax liability compared to neighboring Cook County. These operational advantages drive robust demand from industrial users into North DuPage County, as the submarket boasts a 1.63% vacancy rate, the lowest when compared to competing infill Chicago submarkets.

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Caractéristiques de l'actif

Surface de l'actif Net
17 261 m²
Taille du terrain Brut
4,78 hectare
Année de construction
2020
Occupation
100 %
Remise des offres
05/06/2024

Média

Points clés d'investissement

  • Class A Distribution Facility with Outdoor Storage Component


  • 10)% Leased with 5 Years of Term Remaining and 12.0% Mark-to-Market Opportunity


  • 1.63% Vacant Industrial Submarket


  • Infill Chicago Location within Tax-Advantaged DuPage County 


Carol Stream Logistics Center  4_Actifs en vente

Contacter l'équipe

Carol Stream Logistics Center (0 actifs)
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Dernière mise à jour
23 mai 2024