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RMS Properties Inc. Leases 26,941 Square Feet To Hyper Kidz In Wheaton Illinois
LEASED
Illinois
See Similar DealsRetail26,941 SF
Leased 10/23/2024
LEASED
RMS Properties Inc. Leases 26,941 Square Feet To Hyper Kidz In Wheaton Illinois
204 East Geneva Road
See Similar DealsRetail26,941 SF
Leased 10/23/2024
Summary
ILLINOIS
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:26,941 SF
Transaction Type:Lease
The property involved in this transaction is a retail asset located at 204-324 East Geneva Road in Wheaton, Illinois. It encompasses a total of 26,941 square feet and is situated within the Main Street Plaza, now with 75% of its space leased.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Address: 204-324 East Geneva Road
- Market: Wheaton
- Landlord: RMS Properties Inc.
- Tenant: Hyper Kidz
- Brokers: Brad Belden & Chris Irwin - Colliers
- Other Broker: Brendan Watt - Great Street Realty
In this transaction, RMS Properties Inc. leased space to Hyper Kidz at the Main Street Plaza. Brad Belden and Chris Irwin from Colliers acted on behalf of RMS Properties, while Brendan Watt from Great Street Realty represented the tenant, Hyper Kidz.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$1,544,241.86
Total Lease Value
$15,442,418.63
Net Landlord Cash Flow$1,544,241.86
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