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1001 Warrenville Rd, Lisle,...

Hoopis Group, LLC Leases 7,800-Square-Foot Office In Lisle, IL From Milbrook Properties
LEASEDCommercial

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

Philip Sheridan

Hamilton Partners

Broker

3 deals

Broker
MP
Milbrook PropertiesLandlord

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