11939 S Central Ave, Alsip, IL 608031010-1050 Sesame Street, Bensenville, IL 60131
Chicago Industrial Portfolio Opportunity
Asset ClassIndustrial
Overview
The Avison Young Industrial Capital Markets Group is pleased to present a rare opportunity to acquire an institutional quality, value add industrial portfolio in the nation’s most highly coveted and well-established market, Chicago. This premier portfolio with entrenched tenancy consists of two buildings totalling 572,871 square feet in prominent infill locations. The 63% occupied, institutionally maintained portfolio gives investors an opportunity to acquire premium quality assets below replacement cost and to increase cash flow through targeted leasing.
Investment Highlights
- 63% occupied, institutionally maintained portfolio gives investors an opportunity to acquire premium quality assets below replacement cost and to increase cash flow through targeted leasing
- Strong market momentum with rent growth, escalation growth and low vacancy
- Steady leasing demand with no other sites under construction in the immediate area
- Ideally located in the Chicago MSA with exceptional access to the main arteries of the Midwest logistics
- Brand new roofs with long term warranties at both buildings with minimal CapEx needed
11939 S Central AveAlsip, IL 6080311939 S Central Ave, Alsip, IL 608031010-1050 Sesame Street, Bensenville, IL 60131
Sales Team
Listing provided by Revere CRE