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2725 Davey Road

Roadtex Transportation Renews Industrial Lease At 2725 Davey Road With Bristol Group In Woodridge
LEASEDIndustrial

Roadtex Transportation Renews Industrial Lease At 2725 Davey Road With Bristol Group In Woodridge

2725 Davey Road

Building Size

90,655 SF

Asset Type

Industrial

Closing

Feb 10, 2025

AI

The property involved in this transaction is an industrial asset located at 2725 Davey Road, Suite 100-250 in Woodridge, IL, encompassing a total square footage of 90,655. It is situated within Woodhill Crossings Business Park.

Summary of transaction details:

Roadtex Transportation renewed its lease, with Lee & Associates representing the tenant, while Cushman & Wakefield negotiated on behalf of the landlord, Bristol Group.

Players

Kenneth Franzese

Lee & Associates

Broker

$9.2M

vol

15 deals

Broker

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