STREAM Capital Partners > Properties > All Properties > Industrial Sale Leaseback Portfolio

Industrial Sale Leaseback Portfolio

Sale Leaseback

Two Properties in DeKalb, Illinois
Ownership Type:
Fee Simple
Current Rent:
$1,270,000
Tenancy:
Single Tenant
Lease Type:
Triple Net
Lease Term:
20 years
Landlord Responsibilities:
None
Renewal Options:
Four, 5-Year or Two, 10-Year
Building Sq. Ft.:
362,821 SF
Rent Increases:
2.0% Annual
Site Size:
77.4 Acres

Investment Highlights

  • Tenant: Algus Packaging, a leader in custom thermoformed packaging solutions approaching its 30th year of operation.
  • Property: 362,821 sq. ft. across two properties with significant tenant investment into machinery and equipment. The long term lease is indicative of the company’s commitment to the existing facilities.
  • Location: Excellent proximity to I-88, I-39 and Union Pacific rail access. Less than one hour to Chicago O’Hare International Airport.
  • Market: The “I-88 Corridor” is a rapidly growing industrial hub, attracting significant investments such as Kraft Heinz’s $400M commitment to local logistics.
Ownership Type:
Fee Simple
Current Rent:
$1,270,000
Lease Type:
Triple Net
Lease Term:
20 years
Landlord Responsibilities:
None
Renewal Options:
Four, 5-Year or Two, 10-Year
Building Sq. Ft.:
362,821 SF
Rent Increases:
2.0% Annual
Site Size:
77.4 Acres

Listing Agents

Adam English

Managing Director
256.694.9803[email protected]

Phil DiGennaro

Managing Director
203.610.1541[email protected]

Analyst

Ben Hollis

Analyst
256.595.2574[email protected]

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