Amerigas Portfolio
4158 Division St Hillside , IL 60162-1803

Amerigas Portfolio - industrial for sale

Download offering memorandum:

Overview


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
General
Property type Industrial
Property subtype Distribution/Warehouse
Tenure type Sale/Purchase
Property address 4158 Division St, Hillside, IL 60162-1803
Building size 27,529  ft2
Financial
Price $2,900,000
Cap rate 10.85%
Current NOI $314,521.00
Lease
Tenant's name AmeriGas
Lease type NN
Annual rent $314,521.00
Lease expiration date 09/30/2023
Remaining term 3.7Yrs

Amerigas Portfolio - industrial for sale

Presented by:

Other properties you may be interested in

  • 1165 N. Clark Retail Vertical Subdivison - Retail - Sale - Property View
    Retail
    1165 N. Clark Retail Vertical Subdivison
    1165 N Clark StChicago, IL 60610-2702
    Confidential
    18,100 ft2
    Sale/Purchase
  • 260 Beacon Street - Retail - Sale - Property View
    Retail
    260 Beacon Street
    260 Beacon StSomerville, MA 02143-3534
    $2,000,000
    3,022 ft2
    Sale/Purchase
  • 3149 Ambassador Caffery Pkwy, Lafayette LA - Healthcare - Sale - Property View
    Healthcare
    3149 Ambassador Caffery Pkwy, Lafayette LA
    3149 Ambassador Caffery PkwyLafayette, LA 70506-7209
    $17,026,208
    35,367 ft2
    Sale/Purchase
  • 3500 Youngfield  - Wheat Ridge, CO - Retail - Sale - Property View
    Retail
    3500 Youngfield - Wheat Ridge, CO
    3500 Youngfield StWheat Ridge, CO 80033-5286
    $3,175,000
    6,500 ft2
    Sale/Purchase
  • 7-Eleven - Bradley Beach, NJ - Retail - Sale - Property View
    Retail
    7-Eleven - Bradley Beach, NJ
    415 Main StBradley Beach, NJ 07720-1007
    $1,645,000
    2,385 ft2
    Sale/Purchase
  • 7-Eleven - Mars, PA - Retail - Sale - Property View
    Retail
    7-Eleven - Mars, PA
    274 Mars Valencia RDMars, PA
    $1,290,000
    3,000 ft2
    Sale/Purchase