SOLDRetail
Retail Property At 1460 Koester Road In Forsyth Sold For $4.8M With Buyer's Rep Tammy Saia & Tami Andrew - Marcus & Millichap
1460 Koester Drive, Forsyth, Illinois 62535, United States
$4,800,000
$159/SF
Building Size
30,087 SF
Asset Type
Retail
Closing
Mar 14, 2022
AI
A retail property located at 1460 Koester Road in Forsyth has been sold for $4,800,000. The property spans approximately 30,087 square feet, amounting to a price per square foot of $160.
Summary of transaction details:
- Property Type: Retail
- Sale Price: $4,800,000
- Square Footage: 30,087
- Price per Square Foot: $160
- Address: 1460 Koester Road, Forsyth
The deal was facilitated by Tammy Saia and Tami Andrew from Marcus & Millichap.
Players
Forsyth Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.30%
Cash-on-Cash
-0.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93