facebook

traded

+ Submit
Home

/

Deals

/

Illinois

/

Industrial

/

Sale

/

2802 West Bloomington Road,...

Greenstone Partners Sells Industrial Property In Champaign For $8.2M
SOLDIndustrial

Greenstone Partners Sells Industrial Property In Champaign For $8.2M

2802 West Bloomington Road, Champaign, IL, USA

$8,200,000

$45/SF

Building Size

182,084 SF

Asset Type

Industrial

Closing

Feb 10, 2021

AI

2802 Bloomington Road in Champaign has been sold for $8,200,000. This industrial property spans 182,084 square feet and has a price per square foot of $45. The transaction took place on 02/11/2021. The property is represented by Greenstone Partners, with Danny Spitz as the broker.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $8,200,000
  • Address: 2802 Bloomington Road, Champaign
  • Square Footage: 182,084
  • Price per Square Foot: $45
  • Transaction Date: 02/11/2021
  • Broker: Greenstone Partners - Danny Spitz

The sale of 2802 Bloomington Road in Champaign was facilitated by Danny Spitz of Greenstone Partners. This transaction represents a significant deal in the industrial market in Champaign.

Players

Jason St. John

Greenstone Partners

Broker

$200.7M

vol

26 deals

Broker

Champaign Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.93%

Cash-on-Cash

-0.55%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93