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135 East Saint Charles Road

Matt Hanson Of Brown Commercial Group Represents Buyer And Seller In $3.1M Industrial Sale
SOLDIndustrial

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

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:

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.

Players

Matthew Hanson

Brown Commercial Group

Broker

$3.1M

vol

11 deals

Broker

Carol Stream Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

Loading comparables…

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