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2643 Forgue Drive, Napervil...

Updated Dec 19, 2023

Don McMinn Sells Retail Property In Naperville For $4.8M
SOLDRetail

Don McMinn Sells Retail Property In Naperville For $4.8M

2643 Forgue Drive, Naperville, Illinois 60564, United States

$4,800,000

$784/SF

Building Size

6,116 SF

Asset Type

Retail

Closing

Jul 21, 2022

About this deal

AI

The retail property located at 2643 Forgue Dr in Naperville was recently sold for a price of $4,800,000. The property spans a total of 6,116 square feet, resulting in a price per square foot of $785. The transaction took place on 07/22/2022.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $4,800,000
  • Address: 2643 Forgue Dr, Naperville
  • Market: Naperville

The sale of this retail property was facilitated by Don McMinn from Marcus & Millichap. Don McMinn represented the buyer or seller in this transaction.

Players

Don McMinn

Marcus & Millichap

Broker

$63.7M

vol

19 deals

Broker

Naperville Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Deal FAQ

About $784 per square foot on a published $4.8M for 6,116 square feet (2022).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.30%

Cash-on-Cash

-0.94%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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