The Boulder Group Brokers $7.9M Sale Of Retail Property In Peoria
5001 North Big Hollow Road, Peoria, Illinois 61615, United States
$7,900,000
$170/SF
Building Size
46,432 SF
Asset Type
Retail
Closing
Mar 20, 2022
About this deal
AI
Located at 5001 N. Big Hollow Road in Peoria, this retail property has recently been sold in a closed transaction. The transaction took place on March 21, 2022. The property spans a total of 46,432 square feet and is situated in the Peoria market. The property was sold for a total price of $7,900,000, resulting in a price per square foot of $170.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $7,900,000
The deal was facilitated by Randy Blankstein and Jimmy Goodman from The Boulder Group, who represented the buyer and seller in the transaction.
Players
Peoria 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
2.01%
Cash-on-Cash
-0.57%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93