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1827 Janke Drive, Northbroo...

Marcus & Millichap Brokers Sell Retail Property In Northbrook For $3.4M On Janke Dr. - Ben Kohl, Mitchell Kiven, Nicholas Kanich
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Marcus & Millichap Brokers Sell Retail Property In Northbrook For $3.4M On Janke Dr. - Ben Kohl, Mitchell Kiven, Nicholas Kanich

1827 Janke Drive, Northbrook, Illinois 60062, United States

$3,400,000

$94/SF

Building Size

36,000 SF

Asset Type

Retail

Closing

Apr 19, 2022

AI

The retail property located at 1827 Janke Dr in Northbrook has been sold for $3,400,000. The property offers approximately 36,000 square feet of space, resulting in a price per square foot of $94.

Summary of transaction details

  • Property Type: Retail
  • Sale Price: $3,400,000
  • Square Footage: 36,000
  • Price Per Square Foot: $94
  • Address: 1827 Janke Dr, Northbrook
  • Market: Northbrook

The sale of this retail property was facilitated by Ben Kohl, Mitchell Kiven, and Nicholas Kanich from Marcus & Millichap real estate agency.

Players

Mitchell Kiven

Marcus & Millichap

Broker

$106.5M

vol

27 deals

Broker

Northbrook 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

4.67%

Cash-on-Cash

-1.33%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93