Updated Oct 29, 2024
Eaglestone Manufacturing Leases 85,608 SF Industrial Space In Naperville
1560 Frontenac Rd Naperville, IL 60563, USA
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.
On the Map
Industrial
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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