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:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Address: 2725 Davey Road, Suite 100-250
- Market: Woodridge
- Landlord: Bristol Group
- Tenant: Roadtex Transportation
- Landlord's Representative: James Cant - Fischer & Company; Jeffrey Galante, John Cassidy & Kenneth Franzese - Lee & Associates
- Tenant's Representative: Sean Henrick - Cushman & Wakefield
Roadtex Transportation renewed its lease, with Lee & Associates representing the tenant, while Cushman & Wakefield negotiated on behalf of the landlord, Bristol Group.
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