Unknown Purchases Property At 100 Devon Ave Bensenville For $5 Million With Jay Farnam As Seller's Representative
SOLD
$5,000,000
Illinois
See Similar DealsRetail73,594 SF
SOLD
Unknown Purchases Property At 100 Devon Ave Bensenville For $5 Million With Jay Farnam As Seller's Representative
100 Devon Ave, Bensenville, IL, 60106
See Similar DealsRetail73,594 SF
Summary
ILLINOIS
Asset Type:Retail
Price Per Square Foot:$67
Total Square Footage:73,594 SF
Transaction Type:Sale
The property asset involved in the transaction is located at 100 Devon Ave, Bensenville, IL, 60106. It is situated within the Bensenville market and encompasses a total square footage of 73,594. The sale price for the property was set at $5,000,000.00.
Summary of transaction details:
- Property Type: Closed transaction
- Transaction Amount: $5,000,000.00
- Address: 100 Devon Ave, Bensenville, IL, 60106
- Market: Bensenville
- Square Footage: 73,594
- Seller's Representative: Jay Farnam - Lee & Associates
- Buyer: Unknown
The key individuals involved in the transaction include Jay Farnam, who represented the seller in the deal through Lee & Associates. The buyer's identity remains undisclosed.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$266,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$17,763.94
Cash-on-Cash Return-1.27%
Monthly Debt Service$23,702.55
Annual Debt Service$284,430.61
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