AT&T Fleet Operations Facility 751 Blackhawk Dr 36,706 SF Industrial Building Westmont, IL 60559 $8,320,000 ($226.67/SF) 7% Cap Rate

Northmarq, on behalf of Ownership as its exclusive advisor, is pleased to offer for sale the fee simple interest in the single-tenant industrial asset located at 751 Blackhawk Drive in Westmont, Illinois (The “Property”). The Property is 100% leased to AT&T Illinois, a wholly owned operating subsidiary of AT&T (S&P: BBB) and one of the company’s most substantial regional entities, serving 4+ million customers in Illinois & Indiana.
AT&T has occupied the Property for 52+ years, demonstrating a longstanding commitment to the location. They are operating under a passive NNN lease offering 3.00% annual rental increases. The facility is perfectly suited for AT&T’s use and offers exceptional residual value, comprising a ±36,706 SF building on a ±3.00-acre parcel that is fully paved, fenced & gated.
The Property is part of Chicago’s elite Western Suburbs, amid some of the highest-earning most desirable zip codes in the entire United States. Average household income within a 3-mile radius is nearly $200,000, with a population of over 1 million residing in a 10-mile radius. The DuPage County address allows the asset to bene?t from lower taxes and a more business friendly environment compared to neighboring Cook County, while still offering proximity to Chicago’s world class industrial market and infrastructure, just ±17 miles from Downtown. Neighboring tenants include Ferrari, Audi, Mercedes-Benz, Porsche, Butler National Golf Club, and Hinsdale Golf Club, among other prestigious operators.
IL #475139166
IL #475173323