Hoopis Group, LLC Leases 7,800-Square-Foot Office In Lisle, IL From Milbrook Properties
1001 Warrenville Rd, Lisle, IL, 60532
Building Size
7,800 SF
Asset Type
Commercial
Closing
Nov 22, 2023
AI
The commercial property at 1001 Warrenville Rd, Lisle, IL, 60532, is a 7,800-square-foot space leased by Hoopis Group, LLC. The property is located in the Lisle market and was leased by the tenant with the representation of Aubrey Van Reken, while Philip Sheridan from Hamilton Partners represented the landlord, Milbrook Properties.
Summary of transaction details:
- Property Type: Commercial
- Transaction Amount: Not available
- Address: 1001 Warrenville Rd, Lisle, IL, 60532
- Market: Lisle
- Landlord's Rep: Philip Sheridan (Hamilton Partners)
- Tenant: Hoopis Group, LLC
- Landlord: Milbrook Properties
- Square Feet: 7,800
Aubrey Van Reken represented Hoopis Group, LLC in the lease negotiations for the office located in Lisle, Illinois. The Hoopis Group, providing insurance, investing, and financial planning advisory services, will be consolidating two suburban offices into this new upgraded location as part of its expansion further into the western suburbs.
Players
Lisle Commercial Market Snapshot
Boundary boundary · Commercial · 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