Updated Dec 20, 2023
Sean O’Brien Of Marcus & Millichap Sells Industrial Property In Spring Valley For $9M
32944 U.S. 6, Spring Valley, IL, USA
$9,000,000
$48/SF
Building Size
184,320 SF
Asset Type
Industrial
Closing
Jan 17, 2021
About this deal
AI
The industrial property located at 32944 US Highway 6 in Spring Valley has been sold. The transaction was facilitated by Sean O’Brien from Marcus & Millichap. The property spans 184,320 square feet and was sold for a price of $9,000,000, resulting in a price per square foot of $49.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $9,000,000
- Address: 32944 US Highway 6, Spring Valley
- Market: Spring Valley
- Broker: Sean O’Brien - Marcus & Millichap
This transaction showcases the successful collaboration between the buyer, seller, and Sean O’Brien from Marcus & Millichap. With a total area of 184,320 square feet, this industrial property in Spring Valley was sold for a price of $9,000,000, resulting in a price per square foot of $49.
Players
Spring Valley 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
1.76%
Cash-on-Cash
-0.50%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93