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300 Airport Road

Accredo Health Group Signs 40,873 Square Foot Lease At 300 Airport Road In Elgin
LEASEDIndustrial

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:

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

Jeffrey Janda

Lee & Associates

Broker

$37.7M

vol

28 deals

Broker

Andrew M. Zgutowicz

High Street Logistics Properties

Landlord

$50.4M

vol

4 deals

Landlord
AG
Accredo Health GroupTenant

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