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1751 Lake Cook Rd, Deerfiel...

Stanton Road Capital Leases 11478 Square Feet At 1751 Lake Cook Rd Deerfield With Jonathon Connor As The Broker
LEASED

Stanton Road Capital Leases 11478 Square Feet At 1751 Lake Cook Rd Deerfield With Jonathon Connor As The Broker

1751 Lake Cook Rd, Deerfield, IL, 60015

Building Size

11,478 SF

Asset Type

Closing

Nov 20, 2023

AI

The property involved in the transaction is located at 1751 Lake Cook Rd, Deerfield, IL, 60015. It has a total square footage of 11,478 and is situated in the Deerfield market, with Stanton Road Capital as the landlord.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Address: 1751 Lake Cook Rd, Deerfield, IL, 60015
  • Market: Deerfield
  • Landlord: Stanton Road Capital
  • Landlord's Representative: Jonathon Connor (Colliers International)
  • Square Feet: 11,478

This lease transaction involves key individuals such as Jonathon Connor, who represented the landlord, Stanton Road Capital. The specifics of the tenant and the financial terms of the lease were not disclosed in the available information.

Players

Jonathon Connor

Colliers

Broker

5 deals

Broker
Stanton Road Capital
Stanton Road CapitalLandlord

Deerfield 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