SOLD
Marcus & Millichap Broker $1.65M Sale Of Dunkin' Location In Kankakee
454 Riverstone Parkway
Retail
1,901 SF
1,901 SF
Sold 132 days ago
Summary
Sale
ILLINOIS
Retail
1,901 sqft
A Dunkin' location with a double drive-thru in Kankakee, Illinois has been sold for $1,648,000. The property is part of the Riverstone Parkway development and spans 1,901 square feet. The sale closed in just 49 days, achieving 96% of the list price. The transaction involved a net-leased property with a 10-year lease, occupied by an experienced operator who relocated from a previous successful location.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $1,648,000
- Square Footage: 1,901
- Price Per Square Foot: $867
- Address: 454 Riverstone Parkway, Kankakee, Illinois
- Market: Kankakee
Brokers Austin Weisenbeck, Benjamin Shapiro, and Sean Sharko from Marcus & Millichap represented the parties involved in this sale. They successfully brokered the deal for the Dunkin' location, securing 96% of the list price and closing the transaction in just 49 days.
Players
All
4
Agents
3
Agencies
1
Details
SOLD
IMAGE: Benjamin Shapiro, Austin Weisenbeck & Sean Sharko
DATE: 12/28/2023
ADDRESS: 454 Riverstone Parkway
MARKET: Kankakee
ASSET TYPE: Retail
BROKERS: Austin Weisenbeck, Benjamin Shapiro & Sean Sharko (@Srshsrko) - Marcus & Millichap
SALE PRICE: $1,648,000
SF: 1,901 ~ PPSF: $867
NOTE: Marcus & Millichap brokered the $1.65 million sale of a 1,901-square-foot Dunkin’ location with a double drive-thru in Kankakee, Illinois, closing in 49 days for 96% of the list price. The net-leased property, part of the Riverstone Parkway development, includes a 10-year lease with an experienced operator who relocated from a previous successful location.View on map
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Address454 Riverstone Parkway
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