JLL Brokers $14.2M Sale Of Retail Property In Radnor, PA
200 North Radnor Chester Road
$14,200,000
$794/SF
Building Size
17,884 SF
Asset Type
Retail
Closing
Nov 8, 2023
AI
JLL Capital Markets successfully brokered the sale of a shopping center located at 200 North Radnor Chester Road in Radnor, PA. The property, a retail asset, was sold by Brandywine Realty Trust for a total of $14,200,000. The shopping center spans across 17,884 square feet, resulting in a price per square foot of $794.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $14,200,000
- Address: 200 North Radnor Chester Road, Radnor, PA
- Market: Radnor, PA
- Square Footage: 17,884
- Price Per Square Foot: $794
The sale of the shopping center in Radnor was facilitated by the brokers Chris Munley, Colin Behr, James "Jim" Galbally, James Graf, and Patrick Higgins from JLL.
Note: JLL Capital Markets successfully brokered the sale of a shopping center in Radnor, a northwest suburb of Philadelphia, for $14.2 million.
Players
Wayne Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.12%
Cash-on-Cash
-0.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93