AEW Capital Management Acquires Retail Property In Oak Lawn For $76M
4101 West 95th Street, Oak Lawn, Illinois 60453, United States
$76,000,000
$542/SF
Building Size
140,000 SF
Asset Type
Retail
Closing
Jun 21, 2022
About this deal
AI
The retail property located at 4101 West 95th Street in Oak Lawn has been sold for $76,000,000. The property spans 140,000 square feet, resulting in a price per square foot of $543.
Summary of transation details
- Property Type: Retail
- Transaction Amount: $76,000,000
- Address: 4101 West 95th Street
- Market: Oak Lawn
- Buyer: AEW Capital Management - Jeff Furber
- Seller: Hubbard Street Group - John McLinden
The buyer in this transaction is AEW Capital Management, represented by Jeff Furber. The seller, on the other hand, is Hubbard Street Group, represented by John McLinden.
On the Map
$76,000,000
$542/SF
Retail
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Players
Oak Lawn 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
0.21%
Cash-on-Cash
-0.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93