Private Investor Acquires Industrial Asset From Pat Mooney Saws In Addison
SOLD
Illinois
See Similar DealsIndustrial15,600 SF
SOLD
Private Investor Acquires Industrial Asset From Pat Mooney Saws In Addison
502 S Westgate St, Addison, IL, 60101
See Similar DealsIndustrial15,600 SF
Summary
ILLINOIS
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:15,600 SF
Transaction Type:Sale
An industrial building spanning 15,600 square feet located at 502 S. Westgate St, Addison, IL, 60101, in the Addison market was recently sold in a transaction.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not provided
- Buyer: Private Investor
- Seller: Pat Mooney Saws
- Buyer's Representative: Ross Lehrman(Transwestern)
- Seller's Representatives: Matt Hanson(Brown Commercial Group), Mike Antonelli
Brown Commercial Group, Inc. represented Pat Mooney Saws in the disposition of the industrial building at 502 S. Westgate Drive. The seller was represented by Matt Hanson and Mike Antonelli. This marked Antonelli's fourth transaction for Pat Mooney Saws, following a previous building acquisition at 25 W. Official Road. Pat Mooney Saws, a distributor and importer of metal sawing machinery, decided to leverage the strong investment market and sell excess space that did not align with their current needs.
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30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$0.00
Debt Service Coverage Ratio (DSCR)
0.00x
Cap Rate
0.00%
Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00
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