Marcus & Millichap Facilitates $4.9M Retail Sale In East Peoria
210 South Main Street, East Peoria, Illinois 61611, United States
$4,900,000
$105/SF
Building Size
46,257 SF
Asset Type
Retail
Closing
Jul 10, 2022
AI
The retail property located at 210-250 S. Main St. in East Peoria has been sold. The transaction took place on 07/11/2022 and was facilitated by Dominic Sulo, Richard Kozarits, and Peter Spear from Marcus & Millichap. The property spans a total area of 46,257 square feet and was sold for a price of $4,900,000, resulting in a price per square foot of $106.
Summary of Transaction Details:
- Property Type: Retail
- Transaction Amount: $4,900,000
- Date: 07/11/2022
- Address: 210-250 S. Main St.
- Market: East Peoria
In addition to the brokers mentioned above, Dean Giannakopoulos and Frank Montalto from Marcus & Millichap Capital Corp. acted as mortgage brokers in the transaction.
Players
Creve Coeur 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
3.24%
Cash-on-Cash
-0.93%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93