facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Illinois

/

Industrial

/

Lease

/

945 Busse Road, Elk Grove V...

American Concrete Institute Leases Industrial Space At 945 Busse Road In Elk Grove Village, IL With Nate Grill & Kevin Rocio As Tenant's Rep
LEASEDIndustrial

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

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].

Players

Kevin Rocio

At Properties Commercial

Broker

$15.5M

vol

13 deals

Broker

Elk Grove Village 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