LEASEDRetail
Center For COVID Control, LLC Leases Retail Space In Prairie District, Chicago, At 1811 S. Wabash Avenue
1811 South Wabash Avenue, Chicago, IL 60616
Building Size
1,638 SF
Asset Type
Retail
Closing
Sep 2, 2021
About this deal
AI
The property involved in this transaction is a retail space located at 1811 S. Wabash Avenue in the Prairie District of Chicago. The lease for this property was signed on 09/02/2021.
Summary of transaction details
- Property Type: Retail
- Address: 1811 S. Wabash Avenue, Prairie District, Chicago
- Tenant: Center for COVID Control, LLC
- Brokers: James Hodur & Ben Miotti - Coldwell Banker Commercial
- Asking Rent: $27.47 Gross
- Square Footage: 1,638 SF
James Hodur and Ben Miotti from Coldwell Banker Commercial represented the tenant, Center for COVID Control, LLC, in this lease transaction.
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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93