Property Details
- Location
- South Holland, IL
- SF
- 37,674
- Acres
- 9.00
- Coverage
- 9.6%
- Dock Doors
- N/A
- Drive-Ins
- 17
- Service Bays
- 11
- Wash Bay
- Yes
- Clear Height
- 20-22'
- Trailer Stalls
- 230
- Car Parks
- 236
Financials
- Occupancy
- 100%
- Total Annual Rent
- $528,413
- LP Investor
- Carlyle Property Investors
- Co-GP Investor
- Silverpeak
- Rent PSF
- $14
- Rent / Acre / Mo
- $4,893
Rate Benchmarking
Rent PSF
$14.03
-7.85 vs avg
Portfolio avg: $21.88
Rent / Acre / Mo
$4893
-2491.06 vs avg
Portfolio avg: $7384
PSF Percentile
48th
vs. portfolio
Leases (2)
| Tenant | Type | Start | Annual Rent | Escalation | Next Esc. | Expiration | Renewal | |
|---|---|---|---|---|---|---|---|---|
| First Student, Inc (29,660 SF) | NNN | 1/1/2022 (First Student) | $264,206 | 2.5% (First Student) | 1/1/2027 (Both) | 9/30/2032 | 2 five-year renewal options (First Student) | |
| Memphis City Cartage, LLC (8,014 SF) | NNN | 12/16/2024 (Memphis City Cartage) | $264,206 | 4.0% (Memphis City) | 1/1/2027 (Both) | 1/31/2030 | 1 five-year renewal option (Memphis City) |
Tenant News
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First Student, Inc (29,660 SF)
Memphis City Cartage, LLC (8,014 SF)