LEASEDIndustrial
CBRE Brokers Arrange 57,161 SF Industrial Lease In Arlington Heights
3625 North Wilke Road
Building Size
57,161 SF
Asset Type
Industrial
Closing
Feb 16, 2024
AI
Summary of transation details
- Property Type: Industrial
- Transaction Amount: Lease
- Address: 3625 North Wilke Road, Arlington Heights
- Market: Arlington Heights
- Square Footage: 57,161 SF
- Landlord: Greg Thurman - Ridgeline Property Group
- Brokers: Benjamin Dickey, Jack Brennan, John Hamilton & Michael Sedjo - CBRE
Players
Arlington Heights 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