facebook

traded

+ Submit
Home

/

Deals

/

Illinois

/

Industrial

/

Lease

/

801 Dave Pate Dr, Roselle, ...

Trinity Scurto Represents LEMA Transportation, Inc. & Plan View Partnerships In Roselle Lease
LEASEDIndustrial

Trinity Scurto Represents LEMA Transportation, Inc. & Plan View Partnerships In Roselle Lease

801 Dave Pate Dr, Roselle, IL, 60172

Building Size

7,639 SF

Asset Type

Industrial

Closing

Mar 25, 2019

AI

In Roselle, Illinois, a 7,639-square-foot industrial property located at 801 Dave Pate Drive has been leased. The tenant, LEMA Transportation, Inc., and the landlord, Plan View Partnerships, finalized the lease agreement with the representation of Trinity Scurto from Brown Commercial Group.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not Applicable
  • Address: 801 Dave Pate Dr, Roselle, IL, 60172
  • Market: Roselle
  • Tenant: LEMA Transportation, Inc.
  • Landlord: Plan View Partnerships
  • Landlord's Rep: Trinity Scurto (Brown Commercial Group)

Trinity Scurto from Brown Commercial Group played a dual role in representing both the tenant, LEMA Transportation, Inc., and the landlord, Plan View Partnerships, in the successful leasing deal for the industrial property at 801 Dave Pate Drive. The collaboration between the involved parties led to the finalization of the 7,639-square-foot lease agreement in Roselle, Illinois.

Players

Trinity Scurto

Brown Commercial Group

Broker

$710K

vol

10 deals

Broker

Roselle 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