Investment Overview

Marcus & Millichap is pleased to present this two-property, industrial portfolio of United Rentals and McLane Foodservice facilities in Glenwood, a suburb of Chicago. Glenwood is approximately 30 miles south of downtown Chicago. UNITED RENTALS The subject property is a 56,000-square foot facility sitting on 2.34 acres located at the intersection of Glenwood Road and West 195th Street. There are approximately five years remaining on a double-net lease (NN) with three and one-half percent annual increases, as well as two, five-year options to renew. The facility was constructed in 1974 and renovated in 2014. The property features three drive-in doors. United Rentals, Inc. is the largest equipment rental company in the world. In North America, the company operates in 49 states and every Canadian province. The company’s approximately 27,550 employees serve construction and industrial customers, utilities, maintenance, homeowners and others. CHICAGO MSA Chicago-Naperville-Elgin is one of the largest metros in the nation. The metro houses 9.6 million people and comprises 14 counties. The city of Chicago contains 2.7 million residents. Illinois trails only New York City, Texas and California in total corporate headquarters. There are over 30 Fortune 500 companies based locally. The Chicago metro employs 4.8 million workers in an array of industries, including the growth tech and logistics sectors.