FCA Leases 10000 Square Feet At 7000 W 159th St Oak Forest To Tenant Represented By Realty Metrix Commercial
7000 W 159th St, Oak Forest, IL, 60452
Building Size
10,000 SF
Asset Type
—
Closing
Nov 19, 2023
About this deal
AI
The property involved in this lease transaction is located at 7000 W 159th St, Oak Forest, IL, 60452. The total square footage of the property is 10,000 square feet, situated in the Oak Forest market. The landlord for this lease is FCA.
Summary of transation details:
- Property Type: Lease
- Transaction Amount: Not disclosed
- Address: 7000 W 159th St, Oak Forest, IL, 60452
- Market: Oak Forest
- Square Feet: 10,000
- Tenant's Representatives: Linda Kost - Realty Metrix Commercial, Dave Schmidt - Realty Metrix Commercial
- Landlord: FCA
This lease transaction involved representatives from Realty Metrix Commercial, specifically Linda Kost and Dave Schmidt, driving the negotiations on behalf of the tenant. Their involvement showcases the professional support provided for this leasing arrangement with FCA as the landlord.
Players
Oak Forest 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