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1910 Central Rd Arlington H...

Horvath & Tremblay Represents Buyer In $930,000 Retail Sale In Rolling Meadows
SOLDRetail

Horvath & Tremblay Represents Buyer In $930,000 Retail Sale In Rolling Meadows

1910 Central Rd Arlington Heights, IL 60005, USA

$930,000

$165/SF

Building Size

5,625 SF

Asset Type

Retail

Closing

Jul 20, 2023

AI

A retail property located at 1910 Central Road in Rolling Meadows has been sold for a price of $930,000. The property spans over an area of 5,625 square feet, resulting in a price per square foot of $165.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $930,000
  • Address: 1910 Central Road, Rolling Meadows
  • Market: Rolling Meadows
  • Square Footage: 5,625
  • Price per Square Foot: $165

The buyer's representatives for this transaction were Mark Heidecke, John Przybyla, and Madison Mueller from Horvath & Tremblay.

Players

John Przybyla

Horvath & Tremblay

Broker

$45M

vol

17 deals

Broker

Chicago 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

17.06%

Cash-on-Cash

-4.87%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93