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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

Property Image
SOLD
$11,400,000
Robert "Rob" Wise
Boston Weir
Jeff Lefko
+ 1

Minnesota

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Retail10,850 SF
Sold 01/25/2022
the dealplayerscompscontact
Property Image
SOLD

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

See Similar Deals
Retail10,850 SF
Sold 01/25/2022
Robert "Rob" Wise
Boston Weir
Jeff Lefko
+ 1
the dealplayerscompscontact
Contact now

Summary

MINNESOTA
Asset Type:Retail
Price Per Square Foot:$1,050
Total Square Footage:10,850 SF
Transaction Type:Sale

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

Bill Asher
Hanley Investment Group
Bill Asher
90 deals$653.6M volume
BROKER
Jeff Lefko
Hanley Investment Group
Jeff Lefko
88 deals$611.2M volume
BROKER
Boston Weir
Boston Weir
1 deal$11.4M volume
BROKER
Robert "Rob" Wise
CBRE
Robert Wise
2 deals$19.6M volume
BROKER

Details

SOLD
IMAGE: Bill Asher, Jeff Lefko, Boston Weir & Robert Wise DATE: 01/25/2022 ADDRESS: 12761 Riverdale Blvd MARKET: Coon Rapids, MN ASSET TYPE: Retail SELLER: OneCorp Global BUYER'S REP: Boston Weir - Henry Group Real Estate SELLER'S REP: Jeff Lefko and Bill Asher - Hanley Investment Group Real Estate Advisors; Robert Wise - CBRE SALE PRICE: $11,400,000 SF: 10,850 ~ PPSF: $1,051

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$40,501.80
Cash-on-Cash Return-1.27%
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