RPM Building Solutions Acquires 17,200 Square Foot Industrial Building In Crystal Lake For New Headquarters
110 East Street
Building Size
17,200 SF
Asset Type
Industrial
Closing
Feb 21, 2025
AI
An industrial building located at 110 East Street in Crystal Lake, IL, was sold, encompassing a total square footage of 17,200. The property features 18-foot clear heights and includes nine drive-in doors. Additionally, there is potential for outdoor storage, enhancing its functionality for business operations.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 110 East Street
- Market: Crystal Lake
- Square Footage: 17,200
- Buyer: RPM Building Solutions
- Brokers: Cory Kay, Elisabeth Lazzara & Michael DeSerto - Entre Commercial Realty
The transaction was facilitated by Entre Commercial Realty, who represented the sale to RPM Building Solutions, marking a new headquarters location for the buyer previously occupied by Fishstone Concrete Supply.
Players
Crystal Lake Industrial Market Snapshot
Boundary boundary · Industrial · Sale 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