Marcus & Millichap Represents Sale Of Retail Property In Aurora For $5M
1901 West Galena Boulevard, Aurora, Illinois 60506, United States
$5,000,000
$50/SF
Building Size
98,765 SF
Asset Type
Retail
Closing
Feb 8, 2022
About this deal
AI
The retail property located at 1901 W. Galena Blvd in Aurora has been sold for a price of $5,000,000. The transaction took place on 02/09/2022. The property spans across 98,765 square feet, resulting in a price per square foot of $51.
Summary of transation details
- Property Type: Retail
- Transaction Amount: $5,000,000
- Square Footage: 98,765
- Price per Square Foot: $51
The sale was facilitated by Austin Weisenbeck and Sean R. Sharko of Marcus & Millichap. They represented the parties involved in the deal, ensuring a smooth transaction process.
Players
Aurora 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
3.17%
Cash-on-Cash
-0.91%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93