Restaurant Delivery Simplified Leases 6000 Square Feet At 2225 Curtiss St Downers Grove
2225 Curtiss St, Downers Grove, IL, 6...
Building Size
6,000 SF
Asset Type
Industrial
Closing
Jun 3, 2019
AI
The property involved in this transaction is a 6,000 square foot space located at 2225 Curtiss Street in Downers Grove, IL. The market for this area is Downers Grove, where it serves as a site for business operations.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not disclosed
- Address: 2225 Curtiss St, Downers Grove, IL
- Market: Downers Grove
- Tenant: Restaurant Delivery Simplified
- Landlord: Unknown
- Tenant's Representative: Matt Hanson
- Square Feet: 6000
In this leasing deal, Matt Hanson from Brown Commercial represented the tenant, Restaurant Delivery Simplified, which operates as a wholesaler of dry food goods. The landlord's representative in the transaction was Antonelli, who represented the building owner.
Players
Downers Grove 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