American Landmark Properties Leases 34056 Square Feet At 4901 Searle Pkwy Skokie IL
4901 Searle Pkwy, Skokie, IL, 60077
Building Size
34,056 SF
Asset Type
Industrial
Closing
Nov 19, 2023
AI
The property involved in this transaction is located at 4901 Searle Pkwy, Skokie, IL, 60077. It consists of 34,056 square feet and is situated in the Skokie market. The landlord of the property is American Landmark Properties.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 4901 Searle Pkwy, Skokie, IL, 60077
- Square Feet: 34,056
- Market: Skokie
- Landlord's Representative: David Saad - CBRE
David Saad of CBRE represents the landlord, American Landmark Properties, in this lease transaction, facilitating the agreement between the parties involved.
Players
Skokie Industrial Market Snapshot
Boundary boundary · Industrial · Lease transactions
Loading comparables…
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