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Paclantic Naturals, LLC Acquires 1100 Carolina Drive Industrial For $4.3M

Property Image
SOLD
$4,300,000

Illinois

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Industrial48,130 SF
Sold
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Property Image
SOLD

Paclantic Naturals, LLC Acquires 1100 Carolina Drive Industrial For $4.3M

1100 Carolina Drive

See Similar Deals
Industrial48,130 SF
Sold
Contact now

Summary

ILLINOIS
Asset Type:Industrial
Price Per Square Foot:$89
Total Square Footage:48130 SF
Transaction Type:Sale

The industrial property located at 1100 Carolina Drive in West Chicago was acquired by Paclantic Naturals, LLC for $4,300,000. The property spans 48,130 square feet and was sold at a rate of $89 per square foot.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $4,300,000
  • Address: 1100 Carolina Drive
  • Market: West Chicago
  • Buyer: Paclantic Naturals, LLC
  • Brokers: Andrew Block & Michael Plumb - Lee & Associates
  • SF: 48,130
  • PPSF: $89

Andrew Block and Michael Plumb from Lee & Associates played key roles as the brokers representing the buyer, Paclantic Naturals, LLC, in the transaction.

Players

Andrew Block
7 deals$12.8M volume(630) 926-7649
BROKER

Michael (Mike) Plumb
Lee & Associates
11 deals$11.6M volume(847) 560-0481
BROKER

Details

SOLD
IMAGE: Andrew Block & Michael Plumb DATE: 03/07/2024 ADDRESS: 1100 Carolina Drive MARKET: West Chicago ASSET TYPE: Industrial BUYER: Paclantic Naturals, LLC BROKERS: Andrew Block & Michael Plumb - Lee & Associates (@LeeAssociatesRE) SALE PRICE: $4,300,000 SF: 48,130 ~ PPSF: $89 NOTE: The property at 1100 Carolina Drive in West Chicago, an industrial asset, was purchased by Paclantic Naturals, LLC, with Andrew Block and Michael Plumb of Lee & Associates serving as brokers. The sale price was $4,300,000 for a total of 48,130 square feet, at a rate of $89 per square foot.

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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