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1001 75th St Woodridge, IL ...

Updated Sep 5, 2024

Marcus & Millichap Sells Woodridge Retail Property Anchored By Noodles & Co. And Zoup! For $3.175M
SOLDRetail

Marcus & Millichap Sells Woodridge Retail Property Anchored By Noodles & Co. And Zoup! For $3.175M

1001 75th St Woodridge, IL 60517, USA

$3,175,000

$539/SF

Building Size

5,889 SF

Asset Type

Retail

Closing

Aug 15, 2023

About this deal

AI

A retail property located at 1001 75th Street in Woodridge, Illinois has been sold for $3,175,000. The property spans 5,889 square feet and was sold at a price per square foot of $539. The asset is anchored by popular restaurants Noodles & Co. and Zoup!

Summary of transation details

  • Property Type: Retail
  • Transaction Amount: $3,175,000
  • Address: 1001 75th Street, Woodridge, Illinois
  • Market: Woodridge
  • Square Footage: 5,889
  • Price per Square Foot: $539

The sale of this retail property in Woodridge, Illinois was facilitated by Marcus & Millichap's brokers Austin Weisenbeck, Sean R. Sharko, and Adrian Mendoza. The buyer, a California LLC, was secured by Marcus & Millichap's Chicago Oak Brook office.

Players

Adrian Mendoza

Marcus & Millichap

Broker

$218.2M

vol

28 deals

Broker

Woodridge Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Deal FAQ

About $539 per square foot on a published $3.2M for 5,889 square feet (2023).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.00%

Cash-on-Cash

-1.43%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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