Powerhouse Sales Leases 10,000 Square Feet Industrial Unit At 175 Prairie Lake Road In East Dundee
175 Prairie Lakes Road
Building Size
10,000 SF
Asset Type
Industrial
Closing
Apr 22, 2025
AI
The industrial asset located at 175 Prairie Lakes Road consists of a 10,000-square-foot facility in the East Dundee market. This space includes one dock, a drive-in door, and a high-end office build-out suitable for operational needs.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 175 Prairie Lakes Road
- Market: East Dundee
- Tenant: Powerhouse Sales
- Brokers: Cory Kay, Elisabeth Lazzara & Michael DeSerto - Entre Commercial Realty
The transaction involved Powerhouse Sales leasing the industrial unit, which will serve as their new headquarters. The lease agreement was facilitated by the brokerage team at Entre Commercial Realty, demonstrating their role in securing this property for the tenant.
Players
Dundee 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