Updated May 21, 2025
3 Flat LLC Acquires 40,048 Square Foot Industrial Building In Elmhurst With DarwinPW Realty
185 Industrial Drive
Building Size
40,048 SF
Asset Type
Industrial
Closing
May 1, 2025
About this deal
AI
3 Flat LLC purchased an industrial building located at 185 Industrial Drive in Elmhurst. The property spans a total of 40,048 square feet and was built in 1975. It features 6,418 square feet of office space, five docks, two drive-in doors, and EV charging capabilities. The property is currently being marketed for lease.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Buyer: 3 Flat LLC
- Address: 185 Industrial Drive
- Market: Elmhurst
- Square Footage: 40,048
- Brokers: George Cibula & Luke Ferzacca - DarwinPW Realty
The transaction was facilitated by brokers George Cibula and Luke Ferzacca of DarwinPW Realty, while the seller engaged in-house counsel for the legal aspects of the deal.
Players
Elmhurst Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Deal FAQ
Browse Elmhurst industrial sales on Traded.
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