LEASEDOffice
Snap Inc. - Evan Thomas Spiegel Leases Office Space At 800 W. Fulton St. In Chicago With Landlord Thor Equities
800 South Springfield Avenue, Chicago, Illinois 60623, United States
Building Size
38,000 SF
Asset Type
Office
Closing
Mar 22, 2022
About this deal
AI
The office property located at 800 W. Fulton St. in Chicago has been leased. The property spans over 38,000 square feet, offering ample space for the tenant.
Summary of transaction details
- Property Type: Office
- Transaction Amount: Not applicable
- Address: 800 W. Fulton St.
- Market: Chicago
- Tenant: Snap Inc. - Evan Thomas Spiegel
- Landlord: Thor Equities
The lease agreement for the office space was finalized, with Snap Inc., represented by Evan Thomas Spiegel, securing the tenancy. Thor Equities, the landlord, facilitated the lease transaction.
Players
Thor EquitiesLandlord
Chicago Office Market Snapshot
Boundary boundary · Office · Lease transactions
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Deal FAQ
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