Simoniz USA Renewed 18013 SF Lease At 1109 Windham Parkway With Broker Jeffrey Galante
1109 Windham Parkway
Building Size
18,013 SF
Asset Type
Industrial
Closing
Apr 21, 2025
AI
1109 Windham Parkway is an industrial property located in Romeoville, IL, encompassing 18,013 square feet. The property is situated in a market that supports various industrial operations.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Renewal of lease
- Address: 1109 Windham Parkway
- Market: Romeoville
- Landlord: Hamid Moghadam - Prologis
- Tenant: Bill Gorra - Simoniz USA
- Broker: Jeffrey Galante - Lee & Associates
Simoniz USA has renewed its lease at the aforementioned address. Jeffrey Galante of Lee & Associates represented the tenant in this transaction, while the landlord, Prologis, was self-represented.
Players
Romeoville 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