Greenstone Partners Facilitates $8.25M Industrial Sale In Champaign, IL
SOLD
$8,250,000
Illinois
See Similar DealsIndustrial182,084 SF
Sold 04/02/2021
SOLD
Greenstone Partners Facilitates $8.25M Industrial Sale In Champaign, IL
2802 Bloomington Road
See Similar DealsIndustrial182,084 SF
Sold 04/02/2021
Summary
ILLINOIS
Asset Type:Industrial
Price Per Square Foot:$45
Total Square Footage:182,084 SF
Transaction Type:Sale
The industrial property located at 2802 Bloomington Road in Champaign, IL has been sold. This property spans an area of 182,084 square feet and was sold for a total price of $8,250,000, resulting in a price per square foot of $45. The transaction took place on February 4, 2021 in the Central Illinois Champaign market.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $8,250,000
- Square Footage: 182,084
- Price per Square Foot: $45
- Address: 2802 Bloomington Road, Champaign, IL
- Market: Central Illinois Champaign, IL
The sale of this industrial property was facilitated by the brokers Jason St. John and Paul Tesdal from Greenstone Partners. They represented the parties involved in this transaction.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$439,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$29,310.51
Cash-on-Cash Return-1.27%
Monthly Debt Service$39,109.21
Annual Debt Service$469,310.51
Is there something missing? Send suggestions