facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Illinois

/

Industrial

/

Lease

/

1010 Foster Ave, Bensenvill...

Yahee Technologies Leases Industrial Space At 1010 Foster Ave, Bensenville
LEASEDIndustrial

Yahee Technologies Leases Industrial Space At 1010 Foster Ave, Bensenville

1010 Foster Ave, Bensenville, IL, 60106

Building Size

306,918 SF

Asset Type

Industrial

Closing

Nov 20, 2023

AI

The industrial property located at 1010 Foster Ave in Bensenville, IL, encompasses a total area of 306,918 square feet. This asset is situated within the Bensenville market and is part of a lease agreement recently established between the involved parties.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not specified
  • Tenant: Yahee Technologies
  • Landlord: ProLogis
  • Tenant's Representative: Terry Herlihy - NAI Capital
  • Landlord's Representative: Mark Baumhart - Lee & Associates
  • Square Feet: 306918

Yahee Technologies, the tenant, is relocating its operations from Arlington Heights, and the lease agreement was facilitated through the respective representatives who guided both the landlord and the tenant in the transaction process.

Players

Mark Baumhart

NAI Hiffman

Broker

3 deals

Broker
Prologis
PrologisLandlord

Bensenville Industrial Market Snapshot

Boundary boundary · Industrial · Lease transactions

Loading comparables…

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