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902 Feehanville Drive

902 Feehanville Drive, Mount Prospect, IL 60056

N/A

49,853 SF | Office

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Office Property - Off Market

Price:
N/A
Building Size:
49,853 SF
Property Type:
Office
Property Sub-type:
Office-Business Park
Property Use Type:
Investment
Cap Rate:
9.02%
Occupancy:
100%
No. Stories:
1
Building Class:
C
Tenancy:
Single
Year Built:
1983
Lot Size:
3.61 AC
Parking Ratio:
2.10 / 1,000 SF
Listing ID
17616079
Last Updated
over 1 year ago

Description

As exclusive agent, CBRE is offering for sale this 49,853 square foot office/research/manufacturing building leased by Avery Dennison for its Reflective Films Division.

- $3,900,000 ($78 PSF)
- Investment grade tenant with 5 year term
- New roof, new parking lot and 4 HVAC units
- 20 year tenant with substantial capital investment in building
- 9.02% cap rate

The property is a headquarters location for the Reflective Films Division, serving the company' s national and international clients. Office and lab space comprise 23% of the building' s area. The balance of the space is used for the manufacture of high performance reflective films for transportation, signage and traffic-safety markets. Its products include raised reflective pavement markers, work zone markers, highway delineators and vinyl materials for banner signs.

- Attractive business park setting
- Prestigious neighbors
- At center of Chicago's transporation network
- O'Hare area
- Available labor force

Map of 902 Feehanville Drive, Mount Prospect, IL 60056 (Cook County)

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