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
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
1.93%
Cash-on-Cash
-0.55%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93