Henry Broch & Co. Leases 202000 Square Feet At 3600 Sunset Ave Waukegan From CenterPoint Properties
3600 Sunset Ave, Waukegan, IL, 60087
Building Size
202,000 SF
Asset Type
Industrial
Closing
Feb 7, 2017
AI
The property involved in this lease transaction is located at 3600 Sunset Ave, Waukegan, IL, 60087, within the Waukegan market. The leased space totals 202,000 square feet and is under the management of CenterPoint Properties as the landlord.
Summary of transation details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 3600 Sunset Ave, Waukegan, IL, 60087
- Market: Waukegan
- Square Feet: 202,000
- Tenant: Henry Broch & Co.
- Landlord: CenterPoint Properties
- Tenant's Rep: John Sharpe-Lee & Associates
In this transaction, Ryan Kehoe and John Sharpe represented the tenant, Henry Broch & Co., while Sam Badger from NAI Hiffman represented the landlord, CenterPoint Properties.
Players
Waukegan 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