902 Feehanville Drive
Mount Prospect, IL 60056 ·
49,853 SF · Office For Sale
Office Property For Sale
|Building Size||49,853 SF||Building Class||C|
|Property Sub-type||Office-Business Park||Year Built||1983|
|Property Use Type||Investment||Lot Size||3.61 AC|
|Cap Rate||9.02%||Parking Ratio||2.10 / 1,000 SF|
|Listing ID: 17616079||Date Created: 04/13/2012||Last Updated: 11/07/2012|
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
Not exactly what you're looking for? Start a new custom search to find the perfect property
The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.