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Sunset Healthcare Solutions Leases Retail Space In Elgin With Brokers Lee & NAI
LEASED
Illinois
See Similar DealsRetail54,153 SF
Leased 04/01/2024
LEASED
Sunset Healthcare Solutions Leases Retail Space In Elgin With Brokers Lee & NAI
2725 Alft Lane
See Similar DealsRetail54,153 SF
Leased 04/01/2024
Summary
ILLINOIS
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:54,153 SF
Transaction Type:Lease
Located at 2725 Alft Lane in Elgin, IL, the retail property spans 54,153 square feet. This site served as the new home for Sunset Healthcare Solutions following their move from Bloomingdale, enabling them to expand their manufacturing operations.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not provided
- Tenant: Chris Slosar - Sunset Healthcare Solutions
- Landlord's Rep: John Cassidy & Kenneth Franzese - Lee & Associates
- Tenant's Rep: David Haigh - NAI Hiffman
David Haigh of NAI Hiffman played a crucial role in assisting Sunset Healthcare Solutions with their relocation to 2725 Alft Lane in Elgin. The lease transaction, brokered by Kenneth Franzese and John Cassidy of Lee & Associates, fully occupied the 54,153-square-foot building, showcasing strategic real estate decisions by all parties involved.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$3,104,017.28
Total Lease Value
$31,040,172.82
Net Landlord Cash Flow$3,104,017.28
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