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
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