Jason Luther Of Luther Group Acquires Industrial Property From JMS Capital Group In Vernon Hills
562 Bunker Court
Building Size
73,150 SF
Asset Type
Industrial
Closing
Sep 8, 2025
AI
The industrial property sold measures 73,150 square feet and is located at 560-562 East Bunker Court in Vernon Hills, Illinois. The asset encompasses 4.41 acres and is categorized as light industrial space.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Address: 560-562 East Bunker Court
- Market: Vernon Hills
- Square Footage: 73,150
- Acres: 4.41
- Buyer: Jason Luther - Luther Group
- Seller: John M. Schneider - JMS Capital Group
- Brokers: Kurt Sarbaugh & Jaime Fink - JLL
The transaction was facilitated by brokers Kurt Sarbaugh and Jaime Fink from JLL, representing the seller, JMS Capital Group, in the sale to Wisconsin-based Luther Group.
Players
Vernon Hills 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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93