R.J. Augustine And Associates Leases 4751 Square Feet At 650 E Algonquin Rd Schaumburg IL
650 E Algonquin Rd, Schaumburg, IL...
Building Size
4,751 SF
Asset Type
—
Closing
Nov 20, 2023
About this deal
AI
The property involved in this transaction is located at 650 E Algonquin Rd, Schaumburg, IL, and consists of 4,751 square feet. The property is situated in the Schaumburg market. The landlord for this lease transaction is unknown.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 650 E Algonquin Rd, Schaumburg, IL
- Market: Schaumburg
- Landlord: Unknown
- Tenant: R.J. Augustine and Associates
- Landlord's Representative: John Norris-Newmark
- Square Feet: 4,751
The transaction features R.J. Augustine and Associates as the tenant, with John Norris of Newmark representing the landlord in this lease agreement. The identities of the landlord remain undisclosed in this transaction.
On the Map
Players
Schaumburg 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