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
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