
West Pullman Industrial Center
1000 West 119th Street, Chicago, IL, 60643, US
38,406 m²
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.
