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740 Pasquinelli Dr # 70, We...

Updated Oct 29, 2024

Sofbang Leases 740 Pasquinelli Dr #70 From JSQ Brush Hill LCC In Westmont
LEASED

Sofbang Leases 740 Pasquinelli Dr #70 From JSQ Brush Hill LCC In Westmont

740 Pasquinelli Dr # 70, Westmont, IL...

Building Size

3,857 SF

Asset Type

—

Closing

Nov 22, 2023

About this deal

AI

The property at 740 Pasquinelli Dr # 70, Westmont, IL is a commercial space spanning 3857 square feet. It was leased in a transaction between Sofbang and JSQ Brush Hill LCC.

Summary of transaction details:

  • Property Type: Commercial
  • Transaction Amount: Not provided
  • Market: Westmont
  • Tenant's Rep: Troy Golden (Golden Group Real Estate)
  • Tenant: Sofbang
  • Landlord: JSQ Brush Hill LCC
  • Square Feet: 3857

Troy Golden from Golden Group Real Estate represented Sofbang in the leasing agreement, facilitating the deal between the tenant and the landlord, JSQ Brush Hill LCC.

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Players

Troy Golden

Golden Group Real Estate

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2 deals

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Westmont 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

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