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2533 Northwest Arterial

Quantum Real Estate Advisors Facilitates $2.6M Sale Of Starbucks-Occupied Property In Dubuque, Iowa
SOLDRetail

Quantum Real Estate Advisors Facilitates $2.6M Sale Of Starbucks-Occupied Property In Dubuque, Iowa

2533 Northwest Arterial

$2,600,000

Building Size

Asset Type

Retail

Closing

Jan 2, 2024

AI

Quantum Real Estate Advisors has orchestrated the $2.6 million sale of a recently completed Starbucks-occupied property in Dubuque, Iowa. The property, located at 2533 Northwest Arterial, is a retail asset. The sale was completed on January 2, 2024.

Summary of transaction details

  • Property Type: Retail
  • Sale Price: $2,600,000
  • Address: 2533 Northwest Arterial
  • Market: Dubuque, IA

The transaction was facilitated by brokers Nick Hilgendorf, Steve Moore, and Zackary Hilgendorf from Quantum Real Estate Advisors. They played a key role in ensuring the successful completion of the sale.

Players

Zack Hilgendorf

Atlantic Retail

Broker

$37.3M

vol

10 deals

Broker

Dubuque 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

6.10%

Cash-on-Cash

-1.74%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93