DEKS North America, Inc. Leases Industrial Space At 2700 W Roosevelt Rd, North Lawndale, Chicago
2700 West Roosevelt Road, Chicago, Illinois 60608, United States
Building Size
23,670 SF
Asset Type
Industrial
Closing
May 31, 2022
AI
An industrial property located at 2700 W Roosevelt Rd in North Lawndale, Chicago has been leased. The property has a total square footage of 23,670. The lease was executed on 06/01/2022.
Summary of transaction details
- Property Type: Industrial
- Asking Rent: $6.34/ft.
- Address: 2700 W Roosevelt Rd
- Market: North Lawndale, Chicago
The landlord of the property is CF II 2700 Roosevelt LLC and the tenant is DEKS North America, Inc. Joel Friedland from Brit Properties represented the landlord in the deal, while James Hodur and Ben Miotti from Coldwell Banker Commercial represented the tenant.
Players
Chicago 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