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4105 Fieldstone Road, Champ...

Updated Dec 19, 2023

Coldwell Banker Commercial Devonshire Realty Brokers Sell Industrial Property In Champaign, IL For $8.2M
SOLDIndustrial

Coldwell Banker Commercial Devonshire Realty Brokers Sell Industrial Property In Champaign, IL For $8.2M

4105 Fieldstone Road, Champaign, IL 61822

$8,200,000

$53/SF

Building Size

153,030 SF

Asset Type

Industrial

Closing

Aug 11, 2020

About this deal

AI

Located at 4105 Fieldstone Road in Champaign, IL, this industrial property has recently been sold for a transaction amount of $8,200,000. The property spans across 153,030 square feet, resulting in a price per square foot of $54. The sale was facilitated by Tim Harrington and Zach Wetherell of Coldwell Banker Commercial Devonshire Realty.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $8,200,000
  • Address: 4105 Fieldstone Road, Champaign, IL
  • Market: Champaign, IL
  • Brokers: Tim Harrington & Zach Wetherell - Coldwell Banker Commercial Devonshire Realty
  • Square Footage: 153,030
  • Price per Square Foot: $54

The successful sale of this industrial property showcases the expertise and professionalism of Tim Harrington and Zach Wetherell from Coldwell Banker Commercial Devonshire Realty. Their dedication and knowledge in the real estate market enabled them to achieve a significant transaction for their clients.

Players

Tim Harrington

Coldwell Banker

Broker

$16.4M

vol

2 deals

Broker

Champaign Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Deal FAQ

About $53 per square foot on a published $8.2M for 153,030 square feet (2020).

Visit Zach Wetherell to view all their deals.

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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

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