Scout Capital Partners Acquires Industrial Property In Elk Grove Village For $28M
1250 Greenleaf Avenue, Elk Grove Village, Illinois 60007, United States
$28,000,000
$280/SF
Building Size
100,000 SF
Asset Type
Industrial
Closing
May 30, 2022
AI
The industrial property at 1250-1350 Greenleaf Avenue in Elk Grove Village has been sold in a closed transaction for $28,000,000. The property spans 100,000 square feet, resulting in a price per square foot of $280. The sale took place on 05/31/2022.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $28,000,000
- Address: 1250-1350 Greenleaf Avenue
- Market: Elk Grove Village
- Buyer: Scout Capital Partners - Vincent Signorello
- Seller: Clear Height Properties - Dominic Sergi
- Square Footage: 100,000
- Price per Square Foot: $280
Scout Capital Partners, represented by Vincent Signorello, acquired the property from Clear Height Properties, represented by Dominic Sergi.
Players
Elk Grove Village 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
0.57%
Cash-on-Cash
-0.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93