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740 Pasquinelli Dr # 70, We...

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

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.

Players

Troy Golden

Golden Group Real Estate

Broker

2 deals

Broker

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