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3940 South Lakeside Drive, ...

Updated Dec 3, 2024

Amazon Leases 501,000 SF Industrial Space In Waukegan, Il
LEASEDIndustrial

Amazon Leases 501,000 SF Industrial Space In Waukegan, Il

3940 South Lakeside Drive, Waukegan, IL, USA

Building Size

501,000 SF

Asset Type

Industrial

Closing

Jul 26, 2020

About this deal

AI

The leased property located at 3940 S. Lakeside Drive in Waukegan, Il has been transacted. The asset type of this property is industrial. The deal involved tenant @Amazon

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Date: 07/26/2021
  • Address: 3940 S. Lakeside Drive, Waukegan, Il
  • Market: Waukegan, Il

Jeff Bezos

The asking rent for this property was approximately $5-10 per square foot, with a total square footage of 501,000.

Traded’s record for 3940 South Lakeside Drive, Waukegan, IL, USA in Waukegan, Illinois covers a industrial lease from 2020. Published size for 3940 South Lakeside Drive, Waukegan, IL, USA is 501,000 square feet. This page is the Waukegan, Illinois file for the 3940 South Lakeside Drive, Waukegan, IL, USA industrial leased: pricing, party profiles, and other closed industrial comps from the same Waukegan sit in the Market section below. Filter that Waukegan industrial set by closing date to see what else leased near 3940 South Lakeside Drive, Waukegan, IL, USA around 2020. Cite this Amazon Leases 501,000 SF Industrial Space In Waukegan, Il lease when underwriting similar industrial product around Waukegan, Illinois.

Players

Amazon
AmazonTenant

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

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