Quantum Real Estate Advisors Acquires Schaumburg Retail Property For $3.75M
SOLD
$3,750,000
Illinois
See Similar DealsRetail9,000 SF
Sold 10/01/2020
SOLD
Quantum Real Estate Advisors Acquires Schaumburg Retail Property For $3.75M
820 E Golf Rd, Schaumburg, IL 60173, USA
See Similar DealsRetail9,000 SF
Sold 10/01/2020
Summary
ILLINOIS
Asset Type:Retail
Price Per Square Foot:$416
Total Square Footage:9,000 SF
Transaction Type:Sale
The retail property located at 820 E. Golf Road in Schaumburg was recently sold for $3,750,000 on 10/01/2020. The property spans across 9,000 square feet, resulting in a price per square foot of $417. The sale transaction was facilitated by Jason Lenhoff and Daniel Waszak from Quantum Real Estate Advisors, Inc.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $3,750,000
- Address: 820 E. Golf Road
- Market: Schaumburg
- Square Footage: 9,000
- Price Per Square Foot: $417
- Brokers: Jason Lenhoff & Daniel Waszak – Quantum Real Estate Advisors, Inc
The sale transaction for the retail property on 820 E. Golf Road in Schaumburg involved the expertise of Jason Lenhoff and Daniel Waszak from Quantum Real Estate Advisors, Inc. Their guidance and representation played a crucial role in facilitating the deal.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$199,999.99
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$13,322.96
Cash-on-Cash Return-1.27%
Monthly Debt Service$17,776.91
Annual Debt Service$213,322.96
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