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Northeast-based Seller Represented By Randy Blankstein And Jimmy Goodman Sells Retail Property For $4.8M
SOLD
$4,800,000
Illinois
See Similar DealsRetail42,676 SF
Sold 09/30/2025
SOLD
Northeast-based Seller Represented By Randy Blankstein And Jimmy Goodman Sells Retail Property For $4.8M
165 North Randall Road
See Similar DealsRetail42,676 SF
Sold 09/30/2025
Summary
ILLINOIS
Asset Type:Retail
Price Per Square Foot:$112
Total Square Footage:42,676 SF
Transaction Type:Sale
The property asset involved in the transaction is a retail space, specifically a Slumberland Furniture property, located at 165 North Randall Road in Batavia, IL. The property spans a total square footage of 42,676 sqft and was sold for $4,800,000, resulting in a price per square foot of $112.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $4,800,000
- Address: 165 North Randall Road
- Market: Batavia
- Square Footage: 42,676
- Price per Square Foot: $112
The Boulder Group arranged the transaction, with Randy Blankstein and Jimmy Goodman representing the Northeast-based seller. The buyer is identified as a Midwest investor.
Players
BROKERAGE
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$256,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$17,053.38
Cash-on-Cash Return-1.27%
Monthly Debt Service$22,754.45
Annual Debt Service$273,053.39
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