Chicago Speech Therapy Leases 7,941 Square Feet At 3436 North Kennicott Avenue In Arlington Heights
3436 North Kennicott Avenue
Building Size
7,941 SF
Asset Type
Office
Closing
Oct 22, 2026
About this deal
AI
The property asset involved in the transaction is an office space located at 3436 North Kennicott Avenue in Arlington Heights, Illinois. The total square footage of the office is 7,941 square feet, catering to a specific market need in the area.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not disclosed
- Address: 3436 North Kennicott Avenue
- Market: Arlington Heights, IL
- Tenant: Chicago Speech Therapy
- Brokers: Jason Wurtz, Sarah Walker & Bennett Baker - NAI Hiffman
NAI Hiffman represented the landlord in the lease agreement with Chicago Speech Therapy, which will establish a new location within the two-building office campus. The transaction includes representation from Jason Wurtz, Sarah Walker, and Bennett Baker, further highlighting the involvement of key brokers in facilitating the lease.
On the Map
Office
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Players
Charlotte Hall Office Market Snapshot
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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