SOLDRetail
Marcus & Millichap Sells Retail Property In Romeoville For $6.5M With Buyer's Rep Benjamin Kohl & Seller's Rep Brian Parmacek & Mitchell Kiven
498 N Weber Rd, Romeoville, IL 60446
$6,500,000
Building Size
—
Asset Type
Retail
Closing
Jan 19, 2022
AI
A retail property located at 498 N Weber Rd in Romeoville has been sold for a price of $6,500,000.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $6,500,000
- Address: 498 N Weber Rd, Romeoville
- Market: Romeoville
The buyer's representative in this transaction was Benjamin Kohl from Marcus & Millichap, while the seller's representatives were Brian Parmacek and Mitchell Kiven, also from Marcus & Millichap.
Players
Romeoville Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.44%
Cash-on-Cash
-0.70%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93