Boulder Group Represents Buyer In $4.1M Retail Sale In Oak Lawn
SOLD
$4,117,000
Illinois
See Similar DealsRetail7,634 SF
Sold 06/30/2022
SOLD
Boulder Group Represents Buyer In $4.1M Retail Sale In Oak Lawn
4850 West 95th Street, Oak Lawn, Illinois 60453, United States
See Similar DealsRetail7,634 SF
Sold 06/30/2022
Summary
ILLINOIS
Asset Type:Retail
Price Per Square Foot:$539
Total Square Footage:7,634 SF
Transaction Type:Sale
The retail property located at 4850 W 95th St in Oak Lawn has been sold for a price of $4,117,000. The property consists of 7,634 square feet, resulting in a price per square foot of $539. The transaction took place on June 30, 2022.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $4,117,000
- Address: 4850 W 95th St
- Market: Oak Lawn
- Square Footage: 7,634
The buyer's representative in this transaction was John Feeney from Boulder Group, while the seller was represented by Drew Neems and Theron May from Imperial Realty. The property was ground leased to Fifth Third Bank with a 20-year NNN lease. No additional information was provided.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$219,573.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$14,626.84
Cash-on-Cash Return-1.27%
Monthly Debt Service$19,516.68
Annual Debt Service$234,200.16
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