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1077 Taylor Road

Lee & Associates Facilitates 184K SF Industrial Lease Deal In Romeoville
LEASEDIndustrial

Lee & Associates Facilitates 184K SF Industrial Lease Deal In Romeoville

1077 Taylor Road

$8

$8/SF

Building Size

184,009 SF

Asset Type

Industrial

Closing

Aug 11, 2023

AI

Lee & Associates has closed a lease deal for a 184,009-square-foot industrial space located at 1077 Taylor Road in Romeoville, IL. The property, owned by Prologis, was successfully leased to U.S. Cabinet Depot.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: N/A (Lease)
  • Asking Rent: $8.50/ft.
  • Square Footage: 184,009
  • Address: 1077 Taylor Road
  • Market: Romeoville

The lease transaction was facilitated by the following representatives: Jeff Galante and Jeff Janda from Lee & Associates represented the landlord, Prologis, while the tenant, U.S. Cabinet Depot, was represented by Jason Talanian of Glennwood Commercial Realty.

It is worth mentioning that this lease deal was successfully closed through the efforts of Lee & Associates' Jeff Galante and Jeff Janda, who represented the landlord, Prologis, and Jason Talanian, the tenant's representative from Glennwood Commercial Realty.

Players

Jeffrey Janda

Lee & Associates

Broker

$37.7M

vol

28 deals

Broker
Prologis
PrologisBrokerage
Prologis
PrologisLandlord

La Crosse Industrial Market Snapshot

Boundary boundary · Industrial · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1982875.00%

Cash-on-Cash

-566711.76%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93