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1550 Glenlake Ave, Itasca, ...

TSW Alloy Wheels Purchases Property From Suntrans International With Keith Stauber And Lee & Associates
SOLD

TSW Alloy Wheels Purchases Property From Suntrans International With Keith Stauber And Lee & Associates

1550 Glenlake Ave, Itasca, IL, 60143

Building Size

34,052 SF

Asset Type

Closing

Nov 19, 2023

AI

The property asset involved in the transaction is located at 1550 Glenlake Ave, Itasca, IL, 60143, within the Itasca market. The total square footage of the asset is 34,052 sq ft. The transaction was completed between TSW Alloy Wheels as the buyer and Suntrans International as the seller.

Summary of transaction details:

Key individuals involved in this transaction include Keith Stauber representing the buyer, TSW Alloy Wheels, and Christopher Nelson alongside Jeffrey Janda who represent the seller, Suntrans International.

Players

Jeffrey Janda

Lee & Associates

Broker

$37.7M

vol

30 deals

Broker

Itasca CRE Market Snapshot

Boundary boundary · CRE · Sale 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