1 of 6

2 of 6

3 of 6

4 of 6

5 of 6

6 of 6

•  Media
• Map
• Street View

250 E Devon Ave
Itasca, IL 60143

$15,824,557 USD

Office For Sale  •  59,592 SF

Property Details

• Property Type Office
• Total Building Size 59,592 SF
• Lot Size 6.54 AC
• Building Class C
• Year Built 1983
• Cap Rate 7.00 %
• Tenancy Single
• Zoning C

10 Transit Score

50 Walk Score

Highlights

Investment Grade Credit: Ajinomoto Co. Inc, which holds an investment grade credit rating of A+.

Passive Investment: Long term NNN lease with approximately 10 years of term remaining and annual rent escalations.

Strategic Market Positioning: The location houses the North American HQ with R&D space close to Chicago's O'Hare Airport.

Significant Tenant Investment: Ajinomoto invested approximately $7mm to renovate the facility.

Data Center Driven Submarket: NTT Global recently constructed a data center minutes away.

Cap Rate:

7.00 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Ajinomoto Health & Nutrition North America, Inc.

Amenities

• Signage
• Air Conditioning

Public Transportation

Commuter Rail	Drive	Walk	Distance
Itasca Station (Milwaukee District West Line - Northeast Illinois Regional Commuter Railroad (Metra))	6 min	-	2.4 mi
Wood Dale Station (Milwaukee District West Line - Northeast Illinois Regional Commuter Railroad (Metra))	7 min	-	3.7 mi
Airport	Drive	Walk	Distance
Chicago O'Hare International	19 min	-	11.1 mi
Chicago Midway International	40 min	-	27.0 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Type:	Surface
Included in Rent:	Yes