Updated Oct 29, 2024
Kevin Mackey Of TIG Real Estate Services Leases Industrial Property In Bolingbrook, IL
386 Internationale Dr, Bolingbrook, IL...
Building Size
247,500 SF
Asset Type
Industrial
Closing
Nov 20, 2023
About this deal
AI
An industrial lease renewal and expansion has been signed in Bolingbrook, Illinois. The property, located at 386 Internationale Drive, spans 247,500 square feet with features including 30-foot clear heights, 42 exterior docks, and nine drive-in doors.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Market: Bolingbrook
- Tenant's Rep: Kevin Mackey (TIG Real Estate Services)
- Landlord: ML Realty Partners
- Square Feet: 247,500
Windy City Wire Cable and Technology Products LLC, represented by Kevin Mackey of TIG Real Estate Services, now occupies the entire facility at 386 Internationale Drive. The landlord of the property is ML Realty Partners.
Players
Bolingbrook 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