Core Acquisitions LLC Sells Retail Property In Champaign For $4.3M
2012 N Prospect Ave, Champaign, IL, USA
$4,300,000
$175/SF
Building Size
24,454 SF
Asset Type
Retail
Closing
Dec 7, 2021
About this deal
AI
Core Acquisitions LLC has sold a retail property located at 2012-2032 N. Prospect Ave. in Champaign. The property spans across 24,454 square feet and was sold for a total price of $4,300,000, resulting in an average price per square foot of $176. The transaction took place on December 7, 2021.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $4,300,000
- Square Footage: 24,454
- Price per Square Foot: $176
- Address: 2012-2032 N. Prospect Ave., Champaign
- Market: Champaign
The deal was facilitated by Chad Firsel and Jason Lenhoff from Quantum Real Estate Advisors Inc., who represented Core Acquisitions LLC during the transaction.
On the Map
$4,300,000
$175/SF
Retail
View full map
Players
Champaign Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Deal FAQ
Visit Chad Firsel to view all their deals.
Browse Illinois retail sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.69%
Cash-on-Cash
-1.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93