facebook

traded

+ Submit
Home

/

Deals

/

Illinois

/

Industrial

/

Lease

/

8701 53rd Street

MWI Property Group Leases 92301 Square Feet To Weee! In McCook With Lee & Associates
LEASEDIndustrial

MWI Property Group Leases 92301 Square Feet To Weee! In McCook With Lee & Associates

8701 53rd Street

Building Size

92,301 SF

Asset Type

Industrial

Closing

Oct 2, 2025

AI

The property involved in this transaction is located at 8701 West 53rd Street in McCook, Illinois. It is an industrial asset with a total square footage of 92,301. The building was developed with PCCP and has a remaining 152,701 square feet available for lease following this transaction.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not disclosed
  • Address: 8701 West 53rd Street
  • Market: McCook
  • Landlord: MWI Property Group
  • Tenant: Larry Liu - Weee!
  • Landlord's Representative: Brian Vanosky, Michael O’Leary & Dylan Maher - Lee & Associates
  • Tenant's Representative: Jason Lev - CBRE

This lease was arranged by Lee & Associates, with Jason Lev from CBRE representing the tenant, Weee!, an online Asian supermarket. The transaction reflects the strategic leasing efforts in the industrial sector, contributing to the utilization of the property’s extensive space.

Players

Brian Vanosky

Lee & Associates

Broker

5 deals

Broker
Lee & Associates
Lee & AssociatesBrokerage
CBRE
CBREBrokerage
Larry Liu

Larry Liu

Weee!

Tenant

1 deal

Tenant
Weee!
Weee!Tenant

Mc Cook 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