Pinnacle Systems Inc. Sells Industrial Property In Saint Charles For $2.3M
3715 Swenson Ave, Saint Charles, IL, USA
$2,300,000
$69/SF
Building Size
33,113 SF
Asset Type
Industrial
Closing
Mar 7, 2021
AI
Located at 3715 Swenson Ave in Saint Charles, this industrial property was recently sold in a transaction completed on March 8, 2021. The property, owned by Pinnacle Systems Inc., spans a total area of 33,113 square feet. The sale price for this asset was $2,300,000, resulting in a price per square foot of $69.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $2,300,000
- Address: 3715 Swenson Ave
- Market: Saint Charles
The sale of this industrial property was facilitated by the team at Cushman & Wakefield, represented by brokers David Friedland, Michael Magliano, and Michael Manna.
Players
Saint Charles 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
6.90%
Cash-on-Cash
-1.97%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93