Cushman & Wakefield Facilitates Industrial Lease At 2250 75th St. In Woodridge
2250 75th Street
Building Size
64,643 SF
Asset Type
Industrial
Closing
Nov 22, 2023
AI
A 64,643 sq. ft. industrial lease was facilitated by Cushman & Wakefield at 2250 W. 75th St. in Woodridge, Chicago. The property is owned by Molto Properties, represented by Todd Naccarato. The tenant, J&P Warehousing/Tardella Foods, was represented by Stephen M. Tardella.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: Not mentioned
- Square Footage: 64,643 sq. ft.
- Address: 2250 75th Street
- Market: Woodridge
Molto Properties was represented by Dan Wilkins and Lou Hall from Cushman & Wakefield. Jason West, also from Cushman & Wakefield, represented J&P Warehousing/Tardella Foods. The 101,871 sq. ft. building now has 37,228 sq. ft. available for lease.
Players
Woodridge 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