Updated Oct 29, 2024
Boost Carrier, Inc. Leases 1,303 Sq Ft Space In Bensenville To Metro Resource Investment
205 W Grand Ave., Bensenville, IL, 60...
Building Size
1,303 SF
Asset Type
Commercial
Closing
Nov 22, 2023
About this deal
AI
The property at 205 W Grand Ave. in Bensenville, Illinois is a commercial asset comprising 1,303 square feet. It was leased to Boost Carrier, Inc. with Keller Williams Chicago’s Nick Panousis representing the tenant. The landlord for this property is Metro Resource Investment and Management Inc.
Summary of transaction details:
- Property Type: Commercial
- Transaction Amount: Not specified
- Tenant: Boost Carrier, Inc.
- Tenant's Rep: Nick Panousis(KW Commercial)
- Landlord: Metro Resource Investment and Management Inc.
- Square Feet: 1,303
Other transactions by Brown Commercial Group featured various sales and leases in the Chicago suburbs, with different brokers representing buyers, sellers, and tenants. Notably, Mason Hezner facilitated Toops LLC's purchase of a building in Elk Grove Village, while Jim Pietrarosso and Candace Scurto handled different sales in the area. The impact of these transactions signifies a growing trend of businesses seeking to own their own space for long-term strategic benefits.
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Bensenville Commercial Market Snapshot
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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