Quantum Real Estate Advisors Sells Retail Property In Peoria For $4.45M
5166 North Big Hollow Road, Peoria, Illinois 61615, United States
$4,450,000
$433/SF
Building Size
10,260 SF
Asset Type
Retail
Closing
Jun 8, 2022
AI
A retail property located at 5166 N Big Hollow Rd in Peoria has been sold for $4,450,000. The property spans an area of 1.03 acres and has a total square footage of 10,260. The price per square foot for this transaction was $434. The sale took place on June 9, 2022, and the deal was facilitated by Zackary J. Hilgendorf from Quantum Real Estate Advisors, Inc. representing the seller and Vickie C. Soupos from COLOVOS | SOUPOS Group - RE/MAX Destiny representing the buyer.
Summary of transation details
- Property Type: Retail
- Transaction Amount: $4,450,000
- Address: 5166 N Big Hollow Rd
- Market: Peoria
- Acres: 1.03
John Mantas from Mantas Law acted as the attorney in this 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
3.56%
Cash-on-Cash
-1.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93