Marcus & Millichap Brokers Acquire Retail Property In Westmont For $2.8M
SOLD
$2,827,350
Illinois
See Similar DealsRetail17,860 SF
Sold 08/04/2022
SOLD
Marcus & Millichap Brokers Acquire Retail Property In Westmont For $2.8M
11 East Ogden Avenue
See Similar DealsRetail17,860 SF
Sold 08/04/2022
Summary
ILLINOIS
Asset Type:Retail
Price Per Square Foot:$158
Total Square Footage:17,860 SF
Transaction Type:Sale
The retail property located at 11 E Ogden Ave in Westmont has been sold in a closed transaction. The property spans a total area of 17,860 square feet and was sold for a price of $2,827,350, resulting in a price per square foot of $158.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $2,827,350
- Address: 11 E Ogden Ave, Westmont
- Market: Westmont
The sale of the property was facilitated by the brokers Jack Stanton and Kyle Stengle from Marcus & Millichap.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$150,792.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$10,044.98
Cash-on-Cash Return-1.27%
Monthly Debt Service$13,403.08
Annual Debt Service$160,836.98
Is there something missing? Send suggestions