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
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