Quantum Real Estate Advisors Inc. Brokered $11.6M Sale Of Retail Property In Wheaton, IL
SOLD
$11,600,000
Illinois
See Similar DealsRetail14,409 SF
Sold 06/20/2022
SOLD
Quantum Real Estate Advisors Inc. Brokered $11.6M Sale Of Retail Property In Wheaton, IL
2020 Naperville Road, Wheaton, Illinois 60189, United States
See Similar DealsRetail14,409 SF
Sold 06/20/2022
Summary
ILLINOIS
Asset Type:Retail
Price Per Square Foot:$805
Total Square Footage:14,409 SF
Transaction Type:Sale
A retail property located at 2020 Naperville Rd in Wheaton has been sold for $11,600,000. The property spans over 14,409 square feet, resulting in a price per square foot of $805. This transaction was facilitated by Daniel Waszak of Quantum Real Estate Advisors Inc.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $11,600,000
- Address: 2020 Naperville Rd, Wheaton
- Market: Wheaton
- Square Footage: 14,409
- Price per Square Foot: $805
Daniel Waszak from Quantum Real Estate Advisors Inc. played a key role as the broker in this transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$618,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$41,212.34
Cash-on-Cash Return-1.27%
Monthly Debt Service$54,989.92
Annual Debt Service$659,879.02
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