FCA Sells 340 S Division St In Harvard For $1,400,000 With Buyer's Reps Kyle Stengle And Brian Parmacek
SOLD
$1,400,000
Illinois
See Similar DealsRetail7,000 SF
Sold
SOLD
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
See Similar DealsRetail7,000 SF
Sold
Summary
ILLINOIS
Asset Type:Retail
Price Per Square Foot:$200
Total Square Footage:7000 SF
Transaction Type:Sale
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:
- Property Type: Retail
- Transaction Amount: $1,400,000.00
- Address: 340 S Division St, Harvard, IL, 60033
- Market: Harvard
- Buyer: FCA
- Seller: FCA
- Buyer's Representatives: Kyle Stengle - Marcus & Millichap, Brian Parmacek - Marcus & Millichap
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
SELLER
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$74,666.66
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$4,973.91
Cash-on-Cash Return-1.27%
Monthly Debt Service$6,636.71
Annual Debt Service$79,640.57
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