Srinivasa Nandipati Acquires Retail Property In Streamwood For $3.8M
75 Sutton Road, Streamwood, Illinois 60107, United States
$3,800,000
$184/SF
Building Size
20,604 SF
Asset Type
Retail
Closing
Jul 12, 2022
AI
Located in Streamwood, the retail property at 75 S Sutton Rd has been sold in a recent transaction. The property spans across 20,604 square feet and was sold for a price of $3,800,000, resulting in a price per square foot of $184. The sale took place on July 13, 2022. The buyer of the property is Srinivasa Nandipati, while the seller is Malisa Jackson.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $3,800,000
- Square Footage: 20,604
- Price per Square Foot: $184
- Address: 75 S Sutton Rd, Streamwood
- Market: Streamwood
Patrick Forkin from Baum Realty Group represented both parties in the transaction as the broker.
Players
Streamwood 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
4.17%
Cash-on-Cash
-1.19%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93