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25 Northwest Point BLVD, El...

Updated Oct 29, 2024

American College Of Occupational & Environmental Medicine Leases Office In Elk Grove Village
LEASEDOffice

American College Of Occupational & Environmental Medicine Leases Office In Elk Grove Village

25 Northwest Point BLVD, Elk Grove Vi...

Building Size

Asset Type

Office

Closing

May 23, 2017

About this deal

AI

The property at 25 Northwest Point BLVD in Elk Grove Village, where the lease transaction took place, is an office asset. The deal involved an expansion and extension between the American College of Occupational & Environmental Medicine and the landlord, FCA.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not specified
  • Address: 25 Northwest Point BLVD, Elk Grove Village
  • Tenant: American College of Occupational & Environmental Medicine
  • Tenant's Rep: Kurt Walsh (ProTen Realty Group)
  • Landlord: FCA

Bradford Allen's Ryan Moen and John Millner represented the ownership during the lease expansion and extension deal with the American College of Occupational & Environmental Medicine. On the other side, ProTen Realty Group's Kurt Walsh served as the tenant's representative in the transaction.

Players

Kurt Walsh

ProTen Realty Group

Broker

1 deal

Broker
FCA
FCALandlord

Market Office Market Snapshot

Boundary boundary · Office · 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

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