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.
Roselle 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