Noel Liston Represents Impex GLS In Lease At 2475 Touhy Avenue, Elk Grove Village
1107 Mark St, Elk Grove Village, IL, 6...
Building Size
11,870 SF
Asset Type
Industrial
Closing
Jun 13, 2019
AI
Industrial property located at 1107 Mark St in Elk Grove Village, IL, spanning 11,870 square feet was involved in a lease transaction on 06/13/2019. The asset is situated in a prime location with great access to major highways, making it an attractive space for businesses looking to expand in the area.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not mentioned
- Address: 1107 Mark St, Elk Grove Village, IL
- Market: Elk Grove Village
- Tenant's Rep: Noel Liston (Core Industrial Realty)
- Square Feet: 11,870
Noel Liston and Nick Krejci from Darwin Realty played a key role in representing Gary Gand Music, Inc. in the renewal of their lease for 11,870 square feet of space within the industrial building at 1107 Mark Street. This allowed Gary Gand Music, Inc. to continue accessing various concert venues and job sites throughout the Midwest with ease, highlighting the importance of the property's strategic location for their business operations.
Elk Grove Village 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