Updated Dec 4, 2024
Atlas Wire Renews Lease At 1601 Glenlake Avenue In Itasca
1601 Glenlake Avenue
Building Size
54,690 SF
Asset Type
Industrial
Closing
Feb 16, 2024
About this deal
AI
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 1601 Glenlake Avenue
- Market: Itasca
- Square Footage: 54,690
- Landlord: Hamid R. Moghadam - Prologis
- Tenant: Bruce Leska - Atlas Wire
- Brokers: Jeffrey Janda & Michael Plumb - Lee & Associates
Traded’s record for 1601 Glenlake Avenue in Itasca, Illinois covers a industrial lease from 2024. The building is 54,690 square feet, implying about 0 per square foot on the published price. Jeffrey (Jeff) Janda, Michael (Mike) Plumb, Lee & Associates appear on the lease alongside Lee & Associates. This page is the Itasca, Illinois file for the 1601 Glenlake Avenue industrial leased: pricing, party profiles, and other closed industrial comps from the same Itasca sit in the Market section below. Filter that Itasca industrial set by closing date to see what else leased near 1601 Glenlake Avenue around 2024. Cite this Atlas Wire Renews Lease At 1601 Glenlake Avenue In Itasca lease when underwriting similar industrial product around Itasca, Illinois.
On the Map
Industrial
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Players
Itasca 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