Amerigas Portfolio

Asset Type

Industrial & Logistics

Address
4158 Division St Hillside, IL United States 60162-1803
Asking Price

S$3,973,000

Sq Footage

27,529

Year Built

1981

Cap Rate

10.85%

Additional Attributes

Property Description

JLL is pleased to offer for sale a portfolio of three AmeriGas production facilities in Northern Illinois and Southern Wisconsin. With long historical occupancy at these locations, AmeriGas signed 5-year, NNN leases in 2018 with 2% annual increases. As major facilities in their respective markets, the tenancy is very stable with long-term commitment to the respective markets. Additionally, AmeriGas is an internet resistant tenant, providing security in the continued operation of the Company. This offering presents the unique opportunity to acquire a strong tenant at an accretive cap rate with minimal landlord responsibilities.

Investment Highlights

  • 5-Year Net Leases
  • Strong National Brand Tenancy
  • Key Company Locations
  • Central Locations All within 1.5 hours of Chicago
Listing Contacts
Nicholas Kanich
Nicholas Kanich
SVP, Capital Markets
+65 3159 4021
IL - 475147401
Alex Sharrin
Alex Sharrin
SVP, Capital Markets
+65 3159 4021
IL - 475.170243
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