Quantum Real Estate Advisors Inc. Sells Peoria Retail Property For $4.4M
5116 North Big Hollow Road, Peoria, Illinois 61615, United States
$4,400,000
Building Size
—
Asset Type
Retail
Closing
Jun 16, 2022
About this deal
AI
The retail property located at 5116 N. Big Hollow Road in Peoria has been sold for a total of $4,400,000. The transaction took place on June 17, 2022. The property is represented by the broker Zack Hilgendorf from Quantum Real Estate Advisors Inc.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $4,400,000
Zack Hilgendorf from Quantum Real Estate Advisors Inc. was the broker for the sale of this retail property. The transaction showcases the successful collaboration between the parties involved and highlights the expertise of Zack Hilgendorf and Quantum Real Estate Advisors Inc. in handling retail property deals in Peoria.
On the Map
$4,400,000
Retail
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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
3.61%
Cash-on-Cash
-1.03%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93