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126 S County Farm Rd, Wheat...

HighPoint Planning Partners Leases 3762 SF Space In Wheaton, IL
LEASED

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:

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

Tony Russo

Lee & Associates

Broker

$3.5M

vol

5 deals

Broker

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