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
About this deal
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.
The retail sale at 1460 Koester Drive, Forsyth, Illinois 62535, United States in Forsyth, Illinois sold for $4.8M in 2022. The building is 30,087 square feet, implying about 159 per square foot on the published price. Tammy Saia, Tami Andrew, Marcus & Millichap appear on the sale alongside Marcus & Millichap. This page is the Forsyth, Illinois file for the 1460 Koester Drive, Forsyth, Illinois 62535, United States retail sold: pricing, party profiles, and other closed retail comps from the same Forsyth sit in the Market section below. Filter that Forsyth retail set by closing date to see what else sold near 1460 Koester Drive, Forsyth, Illinois 62535, United States around 2022. Published consideration for 1460 Koester Drive, Forsyth, Illinois 62535, United States is $4.8M, dated 2022. Cite this Retail Property At 1460 Koester Road In Forsyth Sold For $4.8M With Buyer's Rep Tammy Saia & Tami Andrew - Marcus & Millichap sale when underwriting similar retail product around Forsyth, Illinois.
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Forsyth 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
3.30%
Cash-on-Cash
-0.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93