Dynamic Manufacturing Inc Leases Industrial Facility At 4160-4190 Madison Street In Hillside IL
4160 Madison Street
Building Size
79,532 SF
Asset Type
Industrial
Closing
Oct 28, 2024
AI
The industrial facility located at 4160-4190 Madison Street in Hillside, IL spans 79,532 square feet. The property features a clear height of 19.5 feet and is equipped with LED lighting, four dock doors, and ample parking. The landlord for this asset is EQT Exeter, having recently acquired the site.
Summary of transation details:
- Property Type: Industrial
- Transaction Amount: Not Specified
- Address: 4160-4190 Madison Street
- Market: Hillside
- Landlord: Ward Fitzgerald - EQT Exeter
- Tenant: Dynamic Manufacturing Inc
- Broker: Corey Chase - Newmark
Corey Chase of Newmark represented Dynamic Manufacturing Inc. in the leasing transaction for the industrial space, facilitating their full occupancy of the recently leased facility.
Players
Hillside 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