Updated Nov 28, 2024
Pallet Services, Inc. Leases 26592 Square Feet At 1109 Kirk St Elk Grove Village From ProLogis
1109 Kirk St, Elk Grove Village, IL, 60...
Building Size
26,592 SF
Asset Type
Industrial
Closing
Nov 19, 2023
About this deal
AI
The property involved in this lease transaction is located at 1109 Kirk St, Elk Grove Village, IL. This asset encompasses a total of 26,592 square feet. The market for this property is Elk Grove Village, with ProLogis serving as the landlord.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 1109 Kirk St, Elk Grove Village, IL
- Square Feet: 26,592
- Landlord: ProLogis
- Tenant: Pallet Services, Inc.
- Landlord's Representatives: Kevin Segerson, Matt Mulvihill, Calum Payne - CBRE
This lease agreement was facilitated by representatives from CBRE, specifically Kevin Segerson, Matt Mulvihill, and Calum Payne, who represented the landlord, ProLogis, in the transaction with tenant Pallet Services, Inc.
On the Map
Industrial
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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