SOLD
Quantum Real Estate Advisors Arranges $7.1M Sale Of Design Pointe In Naperville
1320 Illinois Highway 59
Retail
78,000 SF
78,000 SF
Sold 163 days ago
Summary
Sale
ILLINOIS
Retail
78,000 sqft
A 78,000-square-foot retail center in Naperville, located at 1320 North Route 59, has been sold for $7.1 million. The property, known as Design Pointe, was sold by an Illinois-based investor to a private investor in Illinois. The retail center is 95% leased, making it an attractive investment opportunity in the Naperville market.
Summary of transaction details:
- Property Type: Retail
- Sale Price: $7,100,000
- Square Footage: 78,000
- Price per Square Foot: $91
- Market: Naperville
- Broker: Brett Berlin - Quantum Real Estate Advisors
Brett Berlin of Quantum Real Estate Advisors represented the seller in this transaction. The sale of Design Pointe demonstrates the strong demand for retail properties in Naperville and the confidence that private investors have in the market.
Players
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2
Agents
1
Agencies
1
Details
SOLD
IMAGE: Brett Berlin
DATE: 12/06/2023
ADDRESS: 1320 North Route 59
MARKET: Naperville
ASSET TYPE: Retail
BROKER: Brett Berlin (@Berlin_Brett) - Quantum Real Estate Advisors (@QREAdvisors_Inc)
SALE PRICE: $7,100,000
SF: 78,000 ~ PPSF: $91
NOTE: Quantum Real Estate Advisors arranged the $7.1 million sale of Design Pointe, a 78,000-square-foot retail center in Naperville. The property, 95% leased, was sold by an Illinois-based investor to a private investor in Illinois, with Brett Berlin of Quantum representing the seller.View on map
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Address1320 Illinois Highway 59
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