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:
- Property Type: Sale
- Transaction Amount: Not disclosed
- Address: 1550 Glenlake Ave, Itasca, IL, 60143
- Market: Itasca
- Buyer: TSW Alloy Wheels
- Seller: Suntrans International
- Buyer's Representative: Keith Stauber-JLL
- Seller's Representatives: Christopher Nelson-Lee & Associates, Jeffrey Janda-Lee & Associates
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
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