Greenstone Partners Facilitates $8.25M Industrial Sale In Champaign, IL
2802 Bloomington Road
$8,250,000
$45/SF
Building Size
182,084 SF
Asset Type
Industrial
Closing
Apr 2, 2021
AI
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
Champaign Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.92%
Cash-on-Cash
-0.55%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93