Beity Signs Lease For 3,700-Square-Foot Space At 813 West Fulton Market In Chicago
813 West Fulton Market
Building Size
3,700 SF
Asset Type
Retail
Closing
Oct 20, 2023
About this deal
AI
Beity has signed a lease for a 3,700-square-foot space at 813 West Fulton Market in Chicago. The property is owned by The Feil Organization, with Jeffrey Feil serving as the landlord. The retail asset offers a prime location in the vibrant market of Chicago.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: Not specified
- Square Footage: 3,700 SF
- Address: 813 West Fulton Market, Chicago
- Market: Chicago
The landlord's representative in this lease agreement is Nick Dries from The Feil Organization. On the other hand, Quinn Thomas from Goldstreet Partners represented Beity, the tenant. The involvement of these real estate professionals ensured a smooth negotiation process and successful lease agreement.
On the Map
Retail
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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