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1245 East Diehl Road

KeHE Distributors LLC Expands Lease At 1245 Diehl Road Naperville Landlord Real Capital Solutions
LEASEDOffice

KeHE Distributors LLC Expands Lease At 1245 Diehl Road Naperville Landlord Real Capital Solutions

1245 East Diehl Road

Building Size

91,102 SF

Asset Type

Office

Closing

Dec 12, 2024

AI

The property asset involved in the transaction is located at 1245 Diehl Road in Naperville, comprising an office space of 91,102 square feet. The asset is fully leased to KeHE Distributors LLC, and the landlord is Real Capital Solutions.

Summary of transation details:

KeHE Distributors expanded its lease at the Naperville Corporate Center, thus fully occupying the space. Transwestern Real Estate Services and Colliers played a pivotal role in facilitating this deal, noting the property's amenities and its proximity to Interstate 88.

Players

Francis Prock

Colliers

Broker

$13M

vol

4 deals

Broker

Naperville Office Market Snapshot

Boundary boundary · Office · Lease transactions

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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