AAT Sales Inc Leases 24,777 SF Industrial Space At 801 Technology Way, Libertyville
801 Technology Way
Building Size
24,777 SF
Asset Type
Industrial
Closing
Nov 28, 2023
AI
The property at 801 Technology Way in Libertyville has been fully leased. This industrial property spans a total of 24,777 square feet and offers amenities such as a 24-foot clear height, eight truck docks, and ample parking.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 801 Technology Way, Libertyville
- Market: Libertyville
AAT Sales Inc., a food service equipment provider, has recently subleased the entire 24,777 square feet of space at this property. This relocation and expansion from Northbrook reflects the company's growth and increasing demand for their products. The tenant was represented by Rob Elbrecht from Tri-State Realty, while Daniel Benassi and Samuel J. Deihs from Entre Commercial Realty acted as the landlord's representatives.
Players
Libertyville 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