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1107 Mark St, Elk Grove Vil...

Noel Liston Represents Impex GLS In Lease At 2475 Touhy Avenue, Elk Grove Village
LEASEDIndustrial

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.

Players

Noel Liston

Core Industrial Realty

Broker

$39.4M

vol

10 deals

Broker

Elk Grove Village Industrial Market Snapshot

Boundary boundary · Industrial · 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