The Boulder Group Brokers $4.1M Retail Sale In Bloomington, Illinois
1701 East Empire Street, Bloomington, Illinois 61704, United States
$4,087,200
$187/SF
Building Size
21,828 SF
Asset Type
Retail
Closing
Mar 10, 2022
About this deal
AI
The retail property located at 1701 East Empire St in Bloomington has been sold. The transaction was facilitated by brokers Randy Blankstein and Jimmy Goodman from The Boulder Group. The property, spanning 21,828 square feet, was sold for a total price of $4,087,200.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $4,087,200
- Address: 1701 East Empire St
- Market: Bloomington
- Brokers: Randy Blankstein & Jimmy Goodman - The Boulder Group
Randy Blankstein and Jimmy Goodman, from The Boulder Group, played pivotal roles in the successful completion of this retail property sale in Bloomington. The deal highlights their expertise in the market and ability to secure favorable outcomes for their clients.
Players
Bloomington 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
3.88%
Cash-on-Cash
-1.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93