Solo Cup
An industrial property in University Park, Illinois. Securitized in 1 CMBS deal in 2014.
$87.7MAppraised value (latest deal)
100.0%Occupancy
$5.2MUnderwritten NOI
6.0%Implied cap rate
- Address
- 701 Central Avenue, University Park, IL 60484
- Property type
- Industrial · Warehouse/Distribution
- Year built
- 2003, 2005
- Size
- 1,552,475 SF
- Sponsor
- Corporate Property Associates 18 - Global Incorporated
- Loan purpose
- Acquisition
- Largest tenant
- Solo Cup Operating
Appearances in CMBS deals
| Deal | Cut-off / filing | Appraised | Occ. | UW NOI | Cap | Loan / alloc. bal. | LTV | DSCR | Source |
|---|---|---|---|---|---|---|---|---|---|
| COMM 2014-UBS3 | 2014-06-04 | $87.7M | 100.0% | $5.2M | 6.0% | $47.2M | 53.9% | 2.01x | 424B |
More CMBS properties in Illinois →
Figures are read from Annex A-1 of the trust's SEC prospectus as of the deal's cut-off date. Parsing can misread a cell; the prospectus link is the authoritative source. Implied cap rate = underwritten NOI ÷ appraised value, shown only between 2% and 20%.