True Value Leases 125000 Square Feet From FCA At 8600 W Bryn Mawr Ave Chicago
8600 W Bryn Mawr Ave, Chicago, IL, 6...
Building Size
125,000 SF
Asset Type
Office
Closing
Jan 31, 2017
About this deal
AI
The property involved in the transaction is located at 8600 W Bryn Mawr Ave, Chicago, IL, and comprises 125,000 square feet. It is situated within the Chicago market and is part of Presidents Plaza.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Tenant: True Value
- Landlord: FCA
- Tenant's Representative: Christopher Wood-Cushman & Wakefield
- Landlord's Representative: David Trumpy-GlenStar Properties
- Square Feet: 125,000
This lease renewal transaction was represented by Cushman & Wakefield, with Christopher Wood leading the representation for True Value, while the landlord, FCA, was represented by David Trumpy of GlenStar Properties.
On the Map
Office
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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