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Burlington Leases 22,104 SF At 980 S. Barrington Road In Streamwood
LEASED
Illinois
See Similar DealsRetail22,104 SF
Leased 01/15/2024
LEASED
Burlington Leases 22,104 SF At 980 S. Barrington Road In Streamwood
Retail22,104 SF
Leased 01/15/2024
Summary
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:22,104 SF
Transaction Type:Lease
Burlington has leased 22,104 square feet at 980 S. Barrington Road in Streamwood, Chicago. The lease agreement has achieved full occupancy for the previously vacant 81,000-square-foot building in Westview Center.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not available
- Property Size: 22,104 square feet
- Address: 980 South Barrington Road, Streamwood, Chicago
- Market: Streamwood
The landlord, Diehl LLC, and the tenant, Michael O'Sullivan, have agreed on the lease. Joe Parrott and Sean McCourt from CBRE represented the ownership, Diehl LLC, in this transaction.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$1,266,987.94
Total Lease Value
$12,669,879.42
Net Landlord Cash Flow$1,266,987.94
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