Accredo Health Group Signs 40,873 Square Foot Lease At 300 Airport Road In Elgin
300 Airport Road
Building Size
40,873 SF
Asset Type
Industrial
Closing
Apr 24, 2026
AI
The industrial facility located at 300 Airport Road in Elgin is 40,873 square feet in size. This property is situated within the Fox River Business Center and was constructed in 2008. It features direct visibility to I-90, with an additional 29,806 square feet of space currently available.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 300 Airport Road
- Market: Elgin
- Landlord: High Street Logistics Properties
- Tenant: Accredo Health Group
- Landlord's Representatives: Kenneth Franzese, John Cassidy & Jeff Janda - Lee & Associates
- Tenant's Representatives: Bob Tardy & Doug Pilcher - Cushman & Wakefield
The lease transaction was facilitated by Lee & Associates, representing the landlord High Street Logistics Properties, while Cushman & Wakefield represented the tenant Accredo Health Group. This collaboration ensured the successful negotiation of the lease for the specified industrial space.
Players
Elgin 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