Northmarq Commercial is pleased to offer for sale to qualified investors the 100% fee simple interest in this 276,887-square-foot industrial manufacturing and distribution facility located at 18355 Enterprise Avenue in Nashville, Illinois (the “Property”). The Property is leased to Antolin Interiors USA, Inc., (the “Tenant”), and guaranteed by the Tenant’s multinational parent, Grupo Antolin Irausa, S.A. (the “Guarantor”). The Property is a key North American production facility with 750 employees focused on the manufacture of cockpit modules, including instrument panels, center consoles and glove boxes, which are designed, engineered, and manufactured to specification for
notable customers such as BMW, Ford, Volkswagen, GM, Chrysler, Tata, Toyota, and Honda.
Originally constructed in 1987, the Property is leased to Antolin Interiors USA, Inc. under a highly passive double net (NN) lease with 1.9% annual escalations and 2, 5 year option to renew. Situated on 24.4 acres of land, the Property has been expanded multiple times over the Tenant’s 30+ year occupancy to accommodate the Tenant’s growth as a Tier 1 Original Equipment Manufacturer (“OEM”) to the automotive industry. The most recent expansion included an additional 63,776 square-feet of floor
space in 2017 and a partial re-roofing of 114,471 square feet in 2018. The Tenant has invested over $30 million of its own capital into the space in both upgrades and heavy
machinery to support its state-of-the-art manufacturing operation, which requires the facility to feature crane capacity of up to 50 tons. The Property is strategically located
only 50 miles outside of St. Louis, and less than 2 miles from Interstate 64, a critical east-west distribution corridor that spans 953 miles and overlaps with multiple critical north-south interstate highways, including I-55, I-57, I-75, I-77, I-81, and I-95.