Schwartz Inc Leases 3000 Square Feet At 1665 Quincy Ave Naperville With Landlord Naper Small Business LLC
1665 Quincy Ave, Naperville, IL, 60540
Building Size
3,000 SF
Asset Type
—
Closing
Nov 19, 2023
About this deal
AI
The property at 1665 Quincy Ave, Naperville, IL, is a lease transaction involving a space measuring 3000 square feet. It is situated in the Naperville market and owned by Naper Small Business LLC.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 1665 Quincy Ave, Naperville, IL, 60540
- Market: Naperville
- Tenant: Schwartz, Inc
- Landlord: Naper Small Business LLC
- Tenant's Representative: Brian Lindgren - Inc.
- Landlord's Representative: Linda Helmold-Ripper - Mustang Construction
- Square Feet: 3000
This transaction involved key representatives, with Brian Lindgren representing Schwartz, Inc. and Linda Helmold-Ripper representing Naper Small Business LLC, facilitating the leasing of the property.
On the Map
Players
Naperville 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