Updated Dec 4, 2024
Matt Hanson Of Brown Commercial Group Represents Buyer And Seller In $3.1M Industrial Sale
135 East Saint Charles Road
$3,100,000
$72/SF
Building Size
42,525 SF
Asset Type
Industrial
Closing
May 14, 2024
About this deal
AI
The $3.1 million sale of a fully leased, 42,525-square-foot industrial flex building in Carol Stream, located at 135 East Saint Charles Road, was facilitated by Brown Commercial Group. The property was sold to private investors with Matt Hanson of Brown Commercial Group representing both the buyer and seller in the transaction.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $3,100,000
- Broker: Matt Hanson - Brown Commercial Group
- Market: Carol Stream
- SF: 42,525
- PPSF: $73
- Address: 135 East Saint Charles Road
Matt Hanson from Brown Commercial Group played a dual role in the deal, representing both the buyer and seller in the sale of the industrial property in Carol Stream. The successful transaction involved private investors on both ends, showcasing Hanson's expertise in facilitating deals that meet the needs of all parties involved.
On the Map
$3,100,000
$72/SF
Industrial
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Carol Stream 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
5.12%
Cash-on-Cash
-1.46%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93