740 N Edgewood Ave
740 N Edgewood Ave, Wood Dale, IL...
Building Size
9,858 SF
Asset Type
Office
Closing
Nov 19, 2023
AI
The property asset involved in this transaction is located at 740 N Edgewood Ave, Wood Dale, IL. The property comprises 9,858 square feet and is situated in the Wood Dale market.
Summary of transation details:
- Property Type: Lease
- Transaction Amount: Not specified
- Tenant: Extra Electric Energy Solutions LLC
- Landlord: Murray-Shah Properties LLC
- Tenant's Representative: Brian Lindgren - Inc.
- Landlord's Representative: Jeffrey Janda - Lee & Associates
This transaction highlights the role of key representatives, with Brian Lindgren representing the tenant, Extra Electric Energy Solutions LLC, while Jeffrey Janda represents the landlord, Murray-Shah Properties LLC. Their involvement facilitated the leasing agreement for the specified property.
Players
Wood Dale 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