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628 Thomas Dr, Bensenville,...

Venture One Real Estate Leases 13191 Square Feet To Tenant Represented By Jay Farnam In Bensenville
LEASEDWarehouse

Venture One Real Estate Leases 13191 Square Feet To Tenant Represented By Jay Farnam In Bensenville

628 Thomas Dr, Bensenville, IL, 60106

Building Size

13,191 SF

Asset Type

Warehouse

Closing

Nov 20, 2023

AI

The property located at 628 Thomas Dr, Bensenville, IL, 60106, encompasses 13,191 square feet and is situated within the Bensenville market. The transaction involves a lease agreement.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Address: 628 Thomas Dr, Bensenville, IL, 60106
  • Market: Bensenville
  • Tenant's Representative: Jay Farnam - Lee & Associates
  • Landlord: Venture One Real Estate
  • Square Feet: 13,191

This transaction features Jay Farnam representing the tenant in the deal, while Venture One Real Estate is identified as the landlord, facilitating the leasing of the space at the specified address.

Players

Jay Farnam

Lee & Associates

Broker

$18.7M

vol

8 deals

Broker
Venture One Real Estate
Venture One Real EstateLandlord

Bensenville Warehouse Market Snapshot

Boundary boundary · Warehouse · 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