Glazier Corp. Sells Retail Property In South Holland For $2.7M
East 162nd Street, South Holland, IL, USA
$2,700,000
$540/SF
Building Size
5,000 SF
Asset Type
Retail
Closing
Oct 13, 2020
AI
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
South Holland Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.88%
Cash-on-Cash
-1.68%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93