AmCap Acquires Retail Property In Wauconda For $18.7M
501 West Liberty Street, Wauconda, Illinois 60084, United States
$18,700,000
$174/SF
Building Size
107,000 SF
Asset Type
Retail
Closing
Oct 20, 2022
AI
Located in Wauconda, the retail property at 501-585 W Liberty St recently changed ownership in a closed transaction. The asset spans over 107,000 square feet and was sold for a total price of $18,700,000, resulting in a price per square foot of $175. The property is situated in a vibrant market, offering various opportunities for retailers.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $18,700,000
- Address: 501-585 W Liberty St
- Market: Wauconda
AmCap, represented by Jake Bisenius, acquired the property in this transaction. On the selling side, Broad Reach Retail Partners facilitated the sale. This deal highlights the active involvement of these key individuals and companies in the retail sector in Wauconda.
Players
Wauconda 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
0.85%
Cash-on-Cash
-0.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93