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Clear Height Properties Leases 34,700 Sq Ft Industrial Service Facility In Addison, Illinois With JLL's Dominic Carbonari

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LEASED
$8

Illinois

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Industrial34,700 SF
Leased 07/11/2023
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LEASED

Clear Height Properties Leases 34,700 Sq Ft Industrial Service Facility In Addison, Illinois With JLL's Dominic Carbonari

1404 W Fullerton Ave Addison, IL 60101, USA

See Similar Deals
Industrial34,700 SF
Leased 07/11/2023
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Summary

ILLINOIS
Asset Type:Industrial
Price Per Square Foot:$8
Total Square Footage:34,700 SF
Transaction Type:Lease

Clear Height Properties has leased a 34,700 sq ft Industrial Service Facility (ISF) located at 1404 West Fullerton Avenue in Addison, Illinois. The property was previously purchased and renovated by Clear Height Properties before being leased. The lease transaction was facilitated by Dominic Carbonari of JLL. The Industrial Service Facility is part of the Addison market.

Summary of Transaction Details:

  • Property Type: Industrial
  • Transaction Amount: N/A
  • Address: 1404 West Fullerton Avenue, Addison, Illinois
  • Market: Addison
  • Tenant: Clear Height Properties - Max Hoye
  • Broker: Dominic Carbonari - JLL
  • Asking Rent: $8.50/ft
  • Square Footage: 34,700 sq ft

Clear Height Properties, represented by Max Hoye, leased the Industrial Service Facility in Addison, Illinois. Dominic Carbonari from JLL acted as the broker in this transaction. The lease agreement was made after Clear Height Properties purchased and renovated the vacant property.

Players

Dominic Carbonari
7 deals$24.5M volume
BROKER

Clear Height Properties
TENANT

Details

LEASED
IMAGE: Max Hoye & Dominic Carbonari DATE: 07/11/2023 ADDRESS: 1404 West Fullerton Avenue MARKET: Addison ASSET TYPE: Industrial TENANT: Clear Height Properties - Max Hoye BROKER: Dominic Carbonari - JLL (@JLL) ASKING RENT: $8.50/ft. ~ SF: 34,700 NOTE: Clear Height Properties has leased a 34,700 sq ft Industrial Service Facility (ISF) in Addison, Illinois, after purchasing and renovating the vacant property. The lease transaction was facilitated by Dominic Carbonari of JLL.

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Deal Type
Effective Rent (Annual)

$318,237.29

Total Lease Value

$3,182,372.90

Net Landlord Cash Flow$318,237.29