Updated Oct 29, 2024
Eaglestone Manufacturing Leases 85,608 SF Industrial Space In Naperville
1560 Frontenac Rd Naperville, IL 60563, USA
$5
$5/SF
Building Size
85,608 SF
Asset Type
Industrial
Closing
Jun 30, 2023
About this deal
AI
A sublease of an 85,608-square-foot industrial building in Naperville, Illinois has been arranged by DarwinPW Realty. The property, located near the Route 59 interchange on I-88, offers suitable manufacturing infrastructure and features a newly renovated office space, high ceilings, docks, and ample parking.
Summary of transaction details
- Property Type: Industrial
- Asking Rent: $5.50/ft.
- Square Footage: 85,608
- Date: 06/30/2023
- Address: 1560 Fronternac Road
- Market: Naperville
Eaglestone Manufacturing is the tenant in this sublease transaction. Mandy Lewandowski and Luke Ferzacca from DarwinPW Realty/CORFAC International represented the landlord, while Nick Eboli and Andrew Block from Lee & Associates represented the tenant.
Players
Chicago 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
3172600.00%
Cash-on-Cash
-906738.82%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93