Greenstone Partners Acquires Package Deal In Warrenville & Naperville For $16M
SOLD
Illinois
See Similar Deals130,000 SF
Sold 06/07/2022
SOLD
Greenstone Partners Acquires Package Deal In Warrenville & Naperville For $16M
4300 Weaver Parkway, Warrenville, Illinois 60555, United States
See Similar Deals130,000 SF
Sold 06/07/2022
Summary
ILLINOIS
Price Per Square Foot:$123
Total Square Footage:130,000 SF
Transaction Type:Sale
The package deal of 4300 & 4580 Weaver Parkway & 1601 Bond Street in Warrenville and Naperville was sold for $16,000,000. The total square footage of the properties is 130,000, resulting in a price per square foot of $123.
Summary of transaction details:
- Property Type: Package Deal
- Transaction Amount: $16,000,000
- Address: 4300 & 4580 Weaver Parkway & 1601 Bond Street
- Market: Warrenville & Naperville
- Brokers: Paul Tesdal & Jason St. John - Greenstone Partners
The package deal was facilitated by brokers Paul Tesdal and Jason St. John from Greenstone Partners.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$853,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$56,844.63
Cash-on-Cash Return-1.27%
Monthly Debt Service$75,848.16
Annual Debt Service$910,177.95
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