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358 W Ontario St, Chicago, ...

FCA Leases 8000 Square Feet To Tenant Represented By Craig McCaw In Chicago
LEASEDOffice

FCA Leases 8000 Square Feet To Tenant Represented By Craig McCaw In Chicago

358 W Ontario St, Chicago, IL, 60654

Building Size

8,000 SF

Asset Type

Office

Closing

Jan 10, 2017

AI

The property involved in this transaction is located at 358 W Ontario St, Chicago, IL, 60654, within the Chicago market. This lease encompasses a total area of 8,000 square feet and is designated for commercial use.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Address: 358 W Ontario St, Chicago, IL, 60654
  • Market: Chicago
  • Square Feet: 8,000
  • Tenant: Nurture Lite
  • Landlord: FCA
  • Tenant's Representative: Craig McCaw (MB Real Estate)

Craig McCaw from MB Real Estate represented the tenant, Nurture Lite, during this lease transaction at the River North location.

Players

Craig McCaw

MB Real Estate

Broker

1 deal

Broker
FCA
FCALandlord

Chicago 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