OneCorp Global Sells Coon Rapids Retail Property For $11.4M With Buyer's Rep Boston Weir - Henry Group Real Estate And Seller's Rep Jeff Lefko, Bill Asher - Hanley Investment Group, Robert Wise - CBRE
12761 Riverdale Boulevard, Coon Rapids, Minnesota 55448, United States
$11,400,000
$1,050/SF
Building Size
10,850 SF
Asset Type
Retail
Closing
Jan 24, 2022
AI
Located at 12761 Riverdale Blvd in Coon Rapids, MN, this retail property has been sold in a closed transaction. The property spans 10,850 square feet, with a sale price of $11,400,000, equating to a price per square foot of $1,051. The sale took place on January 25, 2022.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $11,400,000
- Market: Coon Rapids, MN
- Address: 12761 Riverdale Blvd
The seller of this retail property was OneCorp Global, while the buyer's representative was Boston Weir from Henry Group Real Estate. The seller was represented by Jeff Lefko and Bill Asher from Hanley Investment Group Real Estate Advisors, as well as Robert Wise from CBRE.
Players
Minneapolis 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
1.39%
Cash-on-Cash
-0.40%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93