Axis Warehouse & Logistics Renews 300960 Square Foot Lease At 500 Country Club Drive In Bensenville
500 Country Club Drive
Building Size
300,960 SF
Asset Type
Industrial
Closing
Jun 18, 2025
AI
The asset involved in this transaction is an industrial property located at 500 Country Club Drive in Bensenville, consisting of 300,960 square feet. This property plays a significant role in the local market, specifically within the O'Hare industrial area, as it hosts Axis Warehouse & Logistics as the tenant.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not Specified
- Square Footage: 300,960
- Address: 500 Country Club Drive
- Market: Bensenville
- Landlord: Link Logistics
- Tenant: Axis Warehouse & Logistics
- Landlord's Representative: Dominic Carbonari - JLL
- Tenant's Representative: Jeffrey (Jeff) Galante - Lee & Associates
This lease renewal was brokered by Jeff Galante representing Axis Warehouse & Logistics and Dominic Carbonari representing Link Logistics. This renewal marks a significant deal as it is the largest O'Hare industrial lease renewal in the first half of 2025.
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