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1015 North Roselle Road, Ho...

AmCap Acquires Retail Property In Hoffman Estates For $30M
SOLDRetail

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

Christian Williams

CBRE

Broker

$434.4M

vol

16 deals

Broker
Sterling Organization
Sterling OrganizationBrokerage
Brian Kosoy

Brian Kosoy

Sterling Organization

Seller

$927.1M

vol

17 deals

Seller

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