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561 South Arthur Avenue, Ar...

Unknown Buyer Acquires 561 South Arthur Avenue Arlington With Seller's Reps Adam Marshall And Boris Shraybman
SOLDIndustrial

Unknown Buyer Acquires 561 South Arthur Avenue Arlington With Seller's Reps Adam Marshall And Boris Shraybman

561 South Arthur Avenue, Arlington H...

Building Size

18,557 SF

Asset Type

Industrial

Closing

Jun 26, 2019

AI

The property involved in this transaction is located at 561 South Arthur Avenue, Arlington Heights, Illinois. It is an 18,557-square-foot, multi-tenant industrial facility that was acquired 100 percent leased to multiple tenants, including Bosch Tools.

Summary of transaction details:

  • Property Type: Multi-tenant industrial facility
  • Transaction Amount: Undisclosed
  • Address: 561 South Arthur Avenue, Arlington Heights, Illinois
  • Square Footage: 18,557
  • Seller's Representative: Adam Marshall (Newmark), Boris Shraybman (Newmark Knight Frank)
  • Buyer: Unknown
  • Seller: Private owner

Adam Marshall and Boris Shraybman facilitated the sale on behalf of a private owner. Marshall noted that the property provided investors with the opportunity to acquire a fully leased facility located within an infill submarket and anchored by a strong-credit tenant.

Players

Adam Marshall

Newmark

Broker

6 deals

Broker

Market Industrial Market Snapshot

Boundary boundary · Industrial · Sale 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