AmCap Acquires Retail Property In Hoffman Estates For $30M
1015 North Roselle Road, Hoffman Estates, Illinois 60169, United States
$30,000,000
$205/SF
Building Size
146,000 SF
Asset Type
Retail
Closing
Aug 1, 2022
AI
The retail property located at 1015-1067 N Roselle Rd in Hoffman Estates has been sold. The transaction took place on August 2, 2022. The property, spanning 146,000 square feet, was sold for a total price of $30,000,000, resulting in a price per square foot of $205.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $30,000,000
- Date: 08/02/2022
- Address: 1015-1067 N Roselle Rd
- Market: Hoffman Estates
AmCap, represented by Jay Kaiser, acquired the property from Brian Kosoy, who was represented by Sterling Organization. The deal was facilitated by Christian Williams from CBRE.
Players
Hoffman Estates Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.53%
Cash-on-Cash
-0.15%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93