The Boulder Group Acquires Retail Property In Lincoln For $2.15M
3103 Woodlawn Rd, Lincoln, Illinois 62656, United States
$2,153,191
Building Size
—
Asset Type
Retail
Closing
Mar 22, 2022
About this deal
AI
Randy Blankstein and John Feeney of The Boulder Group facilitated the sale of a retail property located at 3103 Woodlawn Road in Lincoln. The transaction took place on March 23, 2022. The property was sold for a total price of $2,153,191.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $2,153,191
- Address: 3103 Woodlawn Road, Lincoln
- Market: Lincoln
Randy Blankstein and John Feeney, representing The Boulder Group, were the brokers involved in this sale.
The retail sale at 3103 Woodlawn Rd, Lincoln, Illinois 62656, United States in Lincoln, Illinois sold for $2.2M in 2022. 3103 Woodlawn Rd, Lincoln, Illinois 62656, United States is classified as Retail on Traded. John Feeney, Randy Blankstein, The Boulder Group appear on the sale alongside The Boulder Group. This page is the Lincoln, Illinois file for the 3103 Woodlawn Rd, Lincoln, Illinois 62656, United States retail sold: pricing, party profiles, and other closed retail comps from the same Lincoln sit in the Market section below. Filter that Lincoln retail set by closing date to see what else sold near 3103 Woodlawn Rd, Lincoln, Illinois 62656, United States around 2022. Published consideration for 3103 Woodlawn Rd, Lincoln, Illinois 62656, United States is $2.2M, dated 2022. Cite this The Boulder Group Acquires Retail Property In Lincoln For $2.15M sale when underwriting similar retail product around Lincoln, Illinois.
Players
Lincoln 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
7.37%
Cash-on-Cash
-2.11%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93