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630 N Rush St, Chicago, IL,...

Vapiano Signs Lease At 630 N Rush St Chicago Represented By Matthew Alexander And John Skalla
LEASEDRetail

Vapiano Signs Lease At 630 N Rush St Chicago Represented By Matthew Alexander And John Skalla

630 N Rush St, Chicago, IL, 60611

Building Size

9,772 SF

Asset Type

Retail

Closing

Apr 11, 2017

AI

A lease transaction took place for a restaurant space located at 630 N Rush St, Chicago, IL, encompassing 9,772 square feet. The property is situated in the Chicago market, serving as Vapiano's third location.

Summary of transation details:

  • Property Type: Lease
  • Transaction Amount: Not disclosed
  • Address: 630 N Rush St, Chicago, IL, 60611
  • Square Feet: 9,772
  • Tenant: Vapiano
  • Landlord: FCA
  • Tenant's Representatives: Matthew Alexander and John Skalla from Bradford Allen Realty Services
  • Landlord's Representatives: Todd Siegel and Phil Golding from CBRE

Matthew Alexander and John Skalla represented Vapiano in this transaction, while Todd Siegel and Phil Golding represented the landlord, FCA. This lease strengthens Vapiano's presence in the Chicago area.

Players

John Skalla

Broker

2 deals

Broker
FCA
FCALandlord

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