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The Junkluggers Of Chicago NW Suburbs Lease Industrial Space At 425 Airport Road
LEASED
Illinois
See Similar DealsIndustrial12,250 SF
Leased 04/12/2024
LEASED
The Junkluggers Of Chicago NW Suburbs Lease Industrial Space At 425 Airport Road
425 Airport Road
See Similar DealsIndustrial12,250 SF
Leased 04/12/2024
Summary
ILLINOIS
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:12,250 SF
Transaction Type:Lease
The industrial property at 425 Airport Road in Elgin encompasses 12,250 square feet and was leased to The Junkluggers of Chicago NW Suburbs. The tenant will utilize the space, which features a showroom, for its resale business, ReMix Market.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not provided
- Address: 425 Airport Road
- Market: Elgin
- Tenant: The Junkluggers of Chicago NW Suburbs
- Landlord's Rep: Don Meyer - Showplace Realty
- Tenant's Rep: Christopher Mergenthaler - DarwinPW Realty/CORFAC International
Christopher Mergenthaler of DarwinPW Realty/CORFAC International represented The Junkluggers of Chicago NW Suburbs in the lease agreement, while Don Meyer of Showplace Realty acted as the landlord's representative in the transaction.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$702,162.61
Total Lease Value
$7,021,626.08
Net Landlord Cash Flow$702,162.61
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