Kevin Arora's Arora Investment Group Acquires Mixed-Use Office/Retail Property In Naperville For $1.75M
1620 Pebblewood Ln, Naperville, IL 60563, USA
$1,750,000
$80/SF
Building Size
21,750 SF
Asset Type
Mixed-use
Closing
Dec 18, 2019
About this deal
AI
The mixed-use office/retail property located at 1620 Pebblewood Lane in Naperville has been sold for $1,750,000. The property spans 21,750 square feet, resulting in a price per square foot of $84. The transaction was completed on December 19, 2019. The property includes approximately 1.3 acres of land and comes with approximately 80 parking spaces.
Summary of transaction details
- Property Type: Mixed-use Office/Retail
- Transaction Amount: $1,750,000
- Market: Naperville
- SF: 21,750
- PPSF: $84
- Buyer: Kevin Arora @KevinArora – Arora Investment Group @AroraInvestmentGroup
- Broker: The Hazur Group @TheHazurgroup
The buyer of the property is Kevin Arora, who represents the Arora Investment Group. The Hazur Group acted as the broker in this transaction.
On the Map
$1,750,000
$80/SF
Mixed-use
View full map
Players
Naperville Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
Loading comparables…
Deal FAQ
Visit Kevin Arora to view all their deals.
Browse Illinois mixed use sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
9.06%
Cash-on-Cash
-2.59%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93