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537 W 195th St
Glenwood, IL 60425
United Rentals · Industriel Propriété À vendre
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FAITS SAILLANTS DE L'INVESTISSEMENT
- Two-Property Portfolio with National Tenants (United Rentals & McLane)
- No Renewal Options
- Recently Renewed United Rentals Lease with 3.5% Annual Rent Increases
RÉSUMÉ DE L'ANNONCE
Marcus & Millichap is pleased to present this two-property, industrial portfolio of United Rentals and McLane Foodservice facilities in Glenwood, a suburb of Chicago. Glenwood is approximately 30 miles south of downtown Chicago.
UNITED RENTALS
The subject property is a 56,000-square foot facility sitting on 2.32 acres located at the intersection of Glenwood Road and West 195th Street. There are approximately five years remaining on a double-net lease (NN) with three and one-half percent annual increases, and there are no renewal options. The facility was constructed in 1970 and renovated in 2014. The property features three drive-in doors.
United Rentals, Inc. is the largest equipment rental company in the world. In North America, the company operates in 49 states and every Canadian province. The company’s approximately 27,550 employees serve construction and industrial customers, utilities, maintenance, homeowners and others.
MCLANE FOODSERVICE
The subject property is a 3,750-square foot facility sitting on 1.20 acres located just north of the intersection of Glenwood Road and West 195th Street. There are approximately five years remaining on a double-net lease (NN) with two and one-half percent annual increases, and there are no renewal options. The facility was constructed in 1975. The property features four drive-in doors.
McLane Company, Inc. was founded in 1984 and is one of the largest distributors in America, serving convenience stores, mass merchants, and chain restaurants. As an industry-leading partner to the biggest retail and restaurant businesses, McLane buys, sells, delivers and serves the world’s most beloved brands. With headquarters in Temple, Texas, McLane has more than 80 distribution centers across the country, employs more than 25,000 teammates, and delivers to nearly every zip code in the United States. McLane is a wholly owned subsidiary of Berkshire Hathaway, Inc.
CHICAGO MSA
Chicago-Naperville-Elgin is one of the largest metros in the nation. The metro houses 9.6 million people and comprises 14 counties. The city of Chicago contains 2.7 million residents. Illinois trails only New York City, Texas and California in total corporate headquarters. There are over 30 Fortune 500 companies based locally. The Chicago metro employs 4.8 million workers in an array of industries, including the growth tech and logistics sectors.
BROKER OF RECORD:
Steven Weinstock
One Mid America Plaza, Suite 200
Oakbrook Terrace, IL 60181
License #: 471-011175
Steven.Weinstock@marcusmillichap.com
UNITED RENTALS
The subject property is a 56,000-square foot facility sitting on 2.32 acres located at the intersection of Glenwood Road and West 195th Street. There are approximately five years remaining on a double-net lease (NN) with three and one-half percent annual increases, and there are no renewal options. The facility was constructed in 1970 and renovated in 2014. The property features three drive-in doors.
United Rentals, Inc. is the largest equipment rental company in the world. In North America, the company operates in 49 states and every Canadian province. The company’s approximately 27,550 employees serve construction and industrial customers, utilities, maintenance, homeowners and others.
MCLANE FOODSERVICE
The subject property is a 3,750-square foot facility sitting on 1.20 acres located just north of the intersection of Glenwood Road and West 195th Street. There are approximately five years remaining on a double-net lease (NN) with two and one-half percent annual increases, and there are no renewal options. The facility was constructed in 1975. The property features four drive-in doors.
McLane Company, Inc. was founded in 1984 and is one of the largest distributors in America, serving convenience stores, mass merchants, and chain restaurants. As an industry-leading partner to the biggest retail and restaurant businesses, McLane buys, sells, delivers and serves the world’s most beloved brands. With headquarters in Temple, Texas, McLane has more than 80 distribution centers across the country, employs more than 25,000 teammates, and delivers to nearly every zip code in the United States. McLane is a wholly owned subsidiary of Berkshire Hathaway, Inc.
CHICAGO MSA
Chicago-Naperville-Elgin is one of the largest metros in the nation. The metro houses 9.6 million people and comprises 14 counties. The city of Chicago contains 2.7 million residents. Illinois trails only New York City, Texas and California in total corporate headquarters. There are over 30 Fortune 500 companies based locally. The Chicago metro employs 4.8 million workers in an array of industries, including the growth tech and logistics sectors.
BROKER OF RECORD:
Steven Weinstock
One Mid America Plaza, Suite 200
Oakbrook Terrace, IL 60181
License #: 471-011175
Steven.Weinstock@marcusmillichap.com
FAITS SUR LA PROPRIÉTÉ Sous contrat
| Type de vente | Investissement | Aire du bâtiment louable | 56 000 pi² |
| Taux de capitalisation | 6% | Nombre d’étages | 1 |
| Condition de vente | Ventes de portefeuille | Année de construction | 1970 |
| Type de propriété | Industriel | Location | Unique |
| Sous-type de propriété | Entrepôt | Ratio de stationnement | 1,79/1 000 pi² |
| Classe d’immeuble | C | Effacer hauteur du plafond | 20’ |
| Taille du lot | 2,34 AC | Nbre d’entrées dans les portes/au niveau du sol | 3 |
| Type de vente | Investissement |
| Taux de capitalisation | 6% |
| Condition de vente | Ventes de portefeuille |
| Type de propriété | Industriel |
| Sous-type de propriété | Entrepôt |
| Classe d’immeuble | C |
| Taille du lot | 2,34 AC |
| Aire du bâtiment louable | 56 000 pi² |
| Nombre d’étages | 1 |
| Année de construction | 1970 |
| Location | Unique |
| Ratio de stationnement | 1,79/1 000 pi² |
| Effacer hauteur du plafond | 20’ |
| Nbre d’entrées dans les portes/au niveau du sol | 3 |
Impôts fonciers
| Numéros de lot | Évaluation des bâtiments | 496 521 $ CAD | |
| Évaluation du terrain | 104 384 $ CAD | Évaluation totale | 600 905 $ CAD |
Impôts fonciers
Numéros de lot
Évaluation du terrain
104 384 $ CAD
Évaluation des bâtiments
496 521 $ CAD
Évaluation totale
600 905 $ CAD
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