FlashCo Manufacturing Inc Leases 20987 Square Feet From TA Realty In Elmhurst Illinois
849 North Church Court
Building Size
20,987 SF
Asset Type
Industrial
Closing
Jan 28, 2025
AI
The asset involved in this transaction is an industrial property located at 849 North Church Court in Elmhurst, Illinois. The property encompasses a total square footage of 20,987 and is owned by TA Realty.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 849 North Church Court
- Market: Elmhurst
- Asset Size: 20,987 SF
- Landlord: James O. Buckingham & Michael R. Haggerty - TA Realty
- Tenant: FlashCo Manufacturing, Inc
- Landlord's Representative: Al Caruana - Cushman & Wakefield
- Tenant's Representative: Christopher Nelson - Lee & Associates
In this lease transaction, Christopher Nelson represented FlashCo Manufacturing, Inc. through Lee & Associates, while Al Caruana represented the landlord, TA Realty, with James O. Buckingham and Michael R. Haggerty as property owners.
Players
Elmhurst 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