Expo Lanka USA LLC Leases 92000 Square Feet From ProLogis At 491 Supreme Dr Bensenville
491 Supreme Dr, Bensenville, IL, 60106
Building Size
92,000 SF
Asset Type
Industrial
Closing
Nov 19, 2023
AI
The property asset involved is a 92,000 square feet industrial facility located at 491 Supreme Dr, Bensenville, IL, 60106 within the Bensenville market.
Summary of transaction details:
- Property Type: Industrial Lease
- Transaction Amount: Not disclosed
- Tenant: Expo Lanka USA LLC
- Landlord: ProLogis
- Tenant's Representative: David Haigh - NAI Capital
- Landlord's Representatives: Christopher Nelson - Lee & Associates, Jeffrey Janda - Lee & Associates
This transaction is part of a larger series of industrial leases negotiated in the suburban Chicago area, during which Lee & Associates represented ProLogis in this lease agreement. Additionally, the lease is one component of a total of 178,978 square feet leased across four transactions in the region.
Players
Bensenville 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