Updated Oct 3, 2025
RDI Group Leases 25141 Square Foot Industrial Space At 1070 W Ardmore Ave In Itasca
1070 West Ardmore Ave
Building Size
25,141 SF
Asset Type
Industrial
Closing
Sep 23, 2025
About this deal
AI
The property involved in this lease transaction is an industrial asset located at 1070 West Ardmore Avenue in Itasca, Illinois. The building encompasses a total square footage of 25,141 and is being utilized as a satellite warehouse by the RDI Group.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 1070 West Ardmore Avenue
- Market: Itasca
- Landlord: John M. Holland - Town & Country Distributors
- Brokers: Jeffrey Janda & Christopher Nelson - Lee & Associates
This transaction was facilitated by Lee & Associates, who arranged the lease. Jeff Janda and Chris Nelson represented both the tenant, RDI Group, and the landlord, Town & Country Distributors, in this agreement.
On the Map
Industrial
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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