George Cibula Of CORFAC International Represents Buyer In Aurora 3.95 Acre Development Site Sale
2290 White Oak Circle
Building Size
—
Asset Type
Development Site
Closing
Oct 21, 2024
AI
A sale transaction occurred involving a 3.95-acre development site located at 2290 White Oak Circle in Aurora, Illinois. This site is envisioned for a cold storage or warehouse facility with a proposed size ranging from 50,000 to 60,000 square feet.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: Not specified
- Address: 2290 White Oak Circle
- Market: Aurora
- Acres: 3.95
- Buyer's Representative: George Cibula - CORFAC International
- Seller's Representatives: Andrew Block & Nicholas Eboli - Lee & Associates
The seller was represented by brokers Andrew Block and Nicholas Eboli from Lee & Associates. George Cibula from CORFAC International represented the buyer in this transaction.
Players
Aurora Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
Loading comparables…
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