Tammy A. Saia & Tami Andrew Acquire Office Property In Arlington Heights For $3M
SOLD
$3,000,000
Illinois
See Similar DealsOffice38,864 SF
Sold 02/14/2022
SOLD
Tammy A. Saia & Tami Andrew Acquire Office Property In Arlington Heights For $3M
2010 South Arlington Heights Road, Arlington Heights, Illinois 60005, United States
See Similar DealsOffice38,864 SF
Sold 02/14/2022
Summary
ILLINOIS
Asset Type:Office
Price Per Square Foot:$77
Total Square Footage:38,864 SF
Transaction Type:Sale
The office property located at 2010 S. Arlington Heights Road in Arlington Heights has been sold. The transaction was facilitated by brokers Tammy A. Saia and Tami Andrew from Marcus & Millichap. The sale took place on February 14, 2022.
Summary of transaction details
- Property Type: Office
- Sale Price: $3,000,000 (Approx.)
- Square Footage: 38,864
- Price per Square Foot: $77
- Address: 2010 S. Arlington Heights Road, Arlington Heights
Tammy A. Saia and Tami Andrew, representing Marcus & Millichap, played a crucial role in the successful completion of this office property sale in Arlington Heights.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$160,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$10,658.36
Cash-on-Cash Return-1.27%
Monthly Debt Service$14,221.53
Annual Debt Service$170,658.37
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