Key 2 Glam, Inc. Leases Retail Space At 1811 S Wabash Ave In Near South Side, Chicago
1811 South Wabash Avenue, Chicago, Illinois 60616, United States
Building Size
1,638 SF
Asset Type
Retail
Closing
Apr 27, 2022
AI
Key 2 Glam, Inc. has entered into a lease agreement for a retail space located at 1811 S Wabash Ave in the Near South Side, Chicago. The property spans an area of 1,638 square feet and the lease was signed on April 28, 2022. The landlord is WAB 1811, LLC.
Summary of transaction details
- Property Type: Retail
- Address: 1811 S Wabash Ave, Near South Side, Chicago
- Lease Date: April 28, 2022
- Tenant: Key 2 Glam, Inc.
- Landlord: WAB 1811, LLC
The leasing transaction was facilitated by James Hodur and Ben Miotti from Coldwell Banker. They represented both Key 2 Glam, Inc. as the tenant and WAB 1811, LLC as the landlord.
The asking rent for the retail space was $19.47 per square foot.
Players
Chicago Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
Loading comparables…
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