Arcola, IL
Price: $2,500,000
Cap Rate: 7.50%
Status: AVAILABLE

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Blue West Capital is pleased to exclusively present the sale of a single tenant net leased MasterBrand Cabinets Warehouse in Arcola, IL. The property is a mission-critical warehouse strategically positioned 12 miles east of a large MasterBrand Cabinets manufacturing facility (2K+ cabinets produced here daily) in Arthur, IL. MasterBrand Cabinets is the industry-leading premier kitchen and bath cabinet producer in North America and is committed to this location evidenced by a recent early lease extension. The property is within 350 miles of 62+ million people (approximately 20% of the U.S. population) with an average annual household income of approximately $75K within ten miles.

The tenant is a wholly owned subsidiary of Fortune Brands Home & Security (NYSE: FBHS), an $8 billion company and the parent company has an investment grade credit rating (S&P: BBB-). The parent company revenue increased by 26% in 2021 to $7.7 billion.

  • MasterBrand Cabinets is the industry-leading premier kitchen and bath cabinet producer in North America 
  • Located directly off Interstate 57 
  • Mission-critical warehouse strategically positioned 12 miles east of a large MasterBrand Cabinets manufacturing facility (2K+ cabinets produced here daily) in Arthur, IL 
  • Tenant is committed to this location evidenced by a recent early lease extension 
  • Low rent ($2.50/SF) 
  • Tenant is a wholly owned subsidiary of Fortune Brands Home & Security (NYSE: FBHS), an $8 billion company 
  • Parent company has an investment grade credit rating (S&P: BBB-) 
  • Parent company revenue increased by 26% in 2021 to $7.7 billion 
  • The MasterBrand Cabinets warehouse is within 350 miles of 62+ million people (approximately 20% of the U.S. population) 
  • Average annual household incomes are approximately $75K within ten miles 
  • Priced well-below replacement cost ($33/SF) 

OFFERING SUMMARY

Price: $2,500,000
Cap Rate: 7.50%

Building Size: 75,000 SF
Land Size:
7.5 AC

INVESTMENT CONTACT

ZACH WRIGHT
Director & Partner
Investment Sales
720.966.1628
Zach@BlueWestCapital.com

ROBERT EDWARDS
Managing Partner
Investment Sales
720.966.1630
Robert@BlueWestCapital.com

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2022-06-28T11:08:41-07:00
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