Updated Oct 28, 2024
American Concrete Institute Leases Industrial Space At 945 Busse Road In Elk Grove Village, IL With Nate Grill & Kevin Rocio As Tenant's Rep
945 Busse Road, Elk Grove Village, Illinois, USA
Building Size
6,005 SF
Asset Type
Industrial
Closing
Jul 31, 2021
About this deal
AI
The American Concrete Institute has recently signed a lease for an industrial property located at 945 Busse Road in Elk Grove Village, Illinois. The property spans 6,005 square feet and has an asking rent of $12 per square foot.
Summary of transaction details:
- Property Type: Industrial
- Address: 945 Busse Road, Elk Grove Village, IL
- Market: Elk Grove Village, IL
- Tenant: American Concrete Institute
- Tenant's Representative: Nate Grill & Kevin Rocio Properties
- Asking Rent: $12/ft.
- Square Footage: 6,005
In 2015, ROC Advisory Group was recognized with the Platinum Commercial Real Estate Top Producer Award by the Chicago Association of REALTORS® for completing the largest industrial lease of the year. Additionally, in 2020, ROC expanded its services to include tenant and landlord representation.
For inquiries regarding tenant or landlord representation, interested parties can reach out to Kevin Rocio or Nate Grill via email at [email protected].
On the Map
Industrial
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Elk Grove Village 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