Marcus & Millichap Sells Retail Property In Aurora For $2,477,000
1910 Montgomery Road, Aurora, IL, USA
$2,477,000
$190/SF
Building Size
13,000 SF
Asset Type
Retail
Closing
Dec 9, 2020
AI
1910 Montgomery Road in Aurora has been sold for a price of $2,477,000. This retail property spans 13,000 square feet, resulting in a price per square foot of $191. The transaction took place on December 10, 2020.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $2,477,000
- Address: 1910 Montgomery Road
- Market: Aurora
- Asset Type: Retail
The deal was brokered by Austin Weisenbeck, Sean R. Sharko, Matt Emerick, Craig Fuller, Erin E. Patton, and Scott Wiles of Marcus & Millichap. They represented the parties involved in the transaction.
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
6.40%
Cash-on-Cash
-1.83%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93