Updated Dec 19, 2023
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
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