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6150 W Mulford St, Niles, I...

Deibel Laboratories Acquires Industrial Property At 6150 W Mulford St Niles With Seller's Rep Christopher Volkert
SOLDOffice

Deibel Laboratories Acquires Industrial Property At 6150 W Mulford St Niles With Seller's Rep Christopher Volkert

6150 W Mulford St, Niles, IL, 60714

Building Size

17,450 SF

Asset Type

Office

Closing

Nov 19, 2023

AI

Deibel Laboratories has purchased a 17,450-square-foot office and warehouse facility located at 6150 W Mulford St, Niles, IL, 60714 in the Niles market. The facility includes 53 parking spaces and one truck dock, and is situated about 15 miles northwest of downtown Chicago.

Summary of transaction details:

  • Property Type: Office and Warehouse
  • Transaction Amount: Not disclosed
  • Square Feet: 17,450
  • Address: 6150 W Mulford St, Niles, IL, 60714
  • Market: Niles
  • Seller: Unknown
  • Buyer: Deibel Laboratories
  • Seller's Representative: Christopher Volkert-Colliers International
  • Buyer's Representative: Nick Walby of Entre Commercial Realty

Deibel Laboratories, which serves the food diagnostics and personal care industries, is relocating from Lincolnwood. The company operates 11 laboratories across North America, highlighting its significant presence in the industry.

Players

Christopher Volkert

Colliers

Broker

4 deals

Broker
Entre Commercial Realty
Entre Commercial RealtyBrokerage

Niles Office Market Snapshot

Boundary boundary · Office · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93