facebook

traded

+ Submit
Home

/

Deals

/

Illinois

/

Retail

/

Lease

/

945 West Randolph Street

Voodoo Doughnuts Leases 2,734 SF Retail Space In Chicago With Landlord's Rep Nick Dries
LEASEDRetail

Voodoo Doughnuts Leases 2,734 SF Retail Space In Chicago With Landlord's Rep Nick Dries

945 West Randolph Street

Building Size

2,734 SF

Asset Type

Retail

Closing

Oct 20, 2023

AI

A lease agreement has been signed for a retail space at 945 West Randolph Street in Chicago. The property is a 2,734-square-foot retail space. The landlord, The Feil Organization, represented by Nick Dries, has leased the space to Voodoo Doughnuts, represented by Ali Hicks and Sean Bossy of Tether Advisors.

Summary of Transaction Details

  • Property Type: Retail
  • Transaction Amount: Not mentioned
  • Address: 945 West Randolph Street, Chicago
  • Market: Chicago
  • Size: 2,734 square feet
  • Landlord: The Feil Organization - Jeffrey Feil
  • Tenant: Voodoo Doughnuts - Chris Schultz
  • Landlord's Representative: Nick Dries - The Feil Organization
  • Tenant's Representatives: Ali Hicks & Sean Bossy - Tether Advisors

The lease transaction for the retail space at 945 West Randolph Street in Chicago involved Voodoo Doughnuts as the tenant, represented by Ali Hicks and Sean Bossy of Tether Advisors. The landlord, The Feil Organization, was represented by Nick Dries, showcasing the collaboration between the different individuals and companies involved in the deal.

Players

Ali Hicks

Tether Advisors

Broker

2 deals

Broker
Jeffrey Feil

Jeffrey Feil

The Feil Organization

Landlord

$512.5M

vol

24 deals

Landlord

Chris Schultz

Tenant

2 deals

Tenant

Chicago Retail Market Snapshot

Boundary boundary · Retail · Lease transactions

Loading comparables…

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