Apollo Flow Controls Leases 226000 Square Feet In Naperville From Molto Capital Represented By Cushman & Wakefield
1881 Normantown Rd, Plainfield, IL, 6...
Building Size
226,000 SF
Asset Type
Industrial
Closing
Mar 14, 2017
AI
The property involved in the transaction is located at 1881 Normantown Rd, Plainfield, IL, within the Naperville market. This industrial lease encompasses a total area of 226,000 square feet. The landlord for the lease is Molto Capital.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 1881 Normantown Rd, Plainfield, IL
- Market: Naperville
- Tenant: Apollo Flow Controls
- Square Feet: 226,000
- Tenant's Representatives: Alfonso Caruana, Britt Casey (Cushman & Wakefield)
- Landlord’s Representative: Jim Estus (Colliers International)
The lease for Apollo Flow Controls was facilitated by representatives from Cushman & Wakefield, specifically Alfonso Caruana and Britt Casey. Jim Estus from Colliers International represented the landlord, Molto Capital, in this transaction.
Players
Naperville 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