Smoke Post Leases Retail Space In Old Town, Chicago
166 West Division Street, Chicago, Illinois 60610, United States
$40
$40/SF
Building Size
1,341 SF
Asset Type
Retail
Closing
Oct 8, 2022
About this deal
AI
A retail property located at 166 W Division St in Old Town, Chicago has been leased. The property has a total square footage of 1,341. The landlord of the property is 166 W Division, and the tenant is Smoke Post. The lease was facilitated by broker Austin Robert David Sprenkel from VeryApt. The asking rent for the property is $40 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: N/A
- Address: 166 W Division St
- Market: Old Town, Chicago
Austin Robert David Sprenkel from VeryApt represented the tenant, Smoke Post, in the lease of the retail property located at 166 W Division St in Old Town, Chicago.
Players
Chicago Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
396575.00%
Cash-on-Cash
-113342.35%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93