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340 S Division St, Harvard,...

FCA Sells 340 S Division St In Harvard For $1,400,000 With Buyer's Reps Kyle Stengle And Brian Parmacek
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FCA Sells 340 S Division St In Harvard For $1,400,000 With Buyer's Reps Kyle Stengle And Brian Parmacek

340 S Division St, Harvard, IL, 60033

$1,400,000

$200/SF

Building Size

7,000 SF

Asset Type

Retail

Closing

Jan 24, 2017

AI

The property involved in this transaction is an Advance Auto Parts located at 340 S Division St, Harvard, IL, 60033. The sale price of the property was $1,400,000.00, and it consists of a total square footage of 7,000 SF, situated in the Harvard market.

Summary of transaction details:

In this transaction, both the buyer and seller were represented by Kyle Stengle and Brian Parmacek from Marcus & Millichap, highlighting their role in facilitating the deal within the retail market.

Players

Brian Parmacek

Marcus & Millichap

Broker

$27.8M

vol

9 deals

Broker
FCA
FCASeller

Harvard 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

11.33%

Cash-on-Cash

-3.24%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93