HighPoint Planning Partners Leases 3762 SF Space In Wheaton, IL
126 S County Farm Rd, Wheaton, IL, 6...
Building Size
3,762 SF
Asset Type
—
Closing
Nov 22, 2023
AI
The property at 126 S County Farm Rd, Wheaton, IL, boasts a spacious area of 3762 square feet. This asset served as the location for a recent lease transaction between HighPoint Planning Partners as the tenant and DuPage County Bar Association as the landlord.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not Applicable
- Market: Wheaton
- Tenant's Rep: Tony Russo (Lee & Associates)
Tony Russo from Lee & Associates played a crucial role as the tenant's representative in this deal. The collaboration between HighPoint Planning Partners and DuPage County Bar Association culminated in the agreement for the leasing of the property. This transaction showcases the proactive approach taken by both parties to secure a suitable space for the tenant within the Wheaton market.
Players
Wheaton CRE Market Snapshot
Boundary boundary · CRE · Lease 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