Updated Oct 29, 2024
ML Realty Partners Acquires Industrial Building In Bensenville From Unknown Seller
300 County Line Rd, Bensenville, IL, 6...
Building Size
66,939 SF
Asset Type
Industrial
Closing
Nov 22, 2023
About this deal
AI
The 66,939-square-foot industrial building located at 300-330 County Line Road in Bensenville has been acquired by ML Realty Partners. The property features multiple tenants, with three units currently occupied by longstanding tenants. The remaining available space for lease comprises 16,396 square feet, complete with two docks and 1,397 square feet of office space. The transaction price remains undisclosed. Representing the seller were Jeffrey Devine and Steven Disse of Colliers International, while Adam Stokes and Sean Bostrom of Nicolson Porter & List acted on behalf of ML Realty Partners.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Undisclosed
- Market: Bensenville
- Buyer: ML Realty Partners
- Seller: Unknown
- SF: 66,939
- BUYER'S REP: Sean Bostrom (NAI Capital)
The industrial acquisition in Bensenville was facilitated by the representation of various key individuals and firms. Notably, Sean Bostrom from NAI Capital served as the buyer's representative in the deal. Additionally, Nicolson Porter & List was involved in representing ML Realty Partners and will be responsible for marketing the remaining available unit for lease.
Players
Bensenville Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Deal FAQ
Browse Illinois 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