Glazier Corp. Sells Retail Property In South Holland For $2.7M
SOLD
$2,700,000
Illinois
See Similar DealsRetail5,000 SF
Sold 10/14/2020
SOLD
Glazier Corp. Sells Retail Property In South Holland For $2.7M
East 162nd Street, South Holland, IL, USA
See Similar DealsRetail5,000 SF
Sold 10/14/2020
Summary
ILLINOIS
Asset Type:Retail
Price Per Square Foot:$540
Total Square Footage:5,000 SF
Transaction Type:Sale
The property involved in this transaction is a retail asset located on E. 162nd Street in South Holland. The property spans 5,000 square feet and was sold by Glazier Corp. for a price of $2,700,000, resulting in a price per square foot of $540.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $2,700,000
- Address: E. 162nd Street
- Market: South Holland
The sale was facilitated by the brokers Alex Sharrin, Alex Geanakos, and Eric Cline from JLL.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$144,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$9,592.53
Cash-on-Cash Return-1.27%
Monthly Debt Service$12,799.38
Annual Debt Service$153,592.53
Is there something missing? Send suggestions