FCA Leases 11000 Sq Ft Office At 311 S Wacker Dr, Chicago, IL
311 S Wacker Dr, Chicago, IL, 60606
Building Size
11,000 SF
Asset Type
Office
Closing
Jun 13, 2017
About this deal
AI
Located at 311 S Wacker Dr, Chicago, IL, 60606, the office property spanning 11,000 square feet in Chicago was leased in a transaction dated June 13, 2017. The landlord of the asset is FCA.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Tenant's Representative: Michael Webber, Sana Irshad (Advocate Commercial Real Estate Advisors)
- Landlord: FCA
- Address: 311 S Wacker Dr, Chicago, IL, 60606
- Market: Chicago
- Square Feet: 11,000
The Keystone Group was represented by Advocate Commercial Real Estate Advisors’ Michael Webber and Sana Irshad in securing the 11,000 square feet lease at 311 South Wacker Drive.
On the Map
Office
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Players
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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