VIATechnik Leases 6350 Square Feet At 1500 W Carroll Ave Chicago With Dayton Street Partners
1500 W Carroll Ave, Chicago, IL, 60607
Building Size
6,350 SF
Asset Type
—
Closing
Nov 20, 2023
AI
This lease transaction involves a property located at 1500 W Carroll Ave, Chicago, IL, 60607, within the Chicago market. The property has a total area of 6,350 square feet. The landlord for this lease is Dayton Street Partners.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 1500 W Carroll Ave, Chicago, IL, 60607
- Market: Chicago
- Tenant: VIATechnik
- Landlord: Dayton Street Partners
- Tenant's Representative: Jonathan Zeitler, Transwestern
- Landlord's Representative: Lenora Adds, Cushman & Wakefield
- Square Feet: 6,350
The representatives involved in this lease transaction include Jonathan Zeitler from Transwestern, representing the tenant VIATechnik, and Lenora Adds from Cushman & Wakefield, representing the landlord Dayton Street Partners.
Players
Chicago 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