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200 North Radnor Chester Road

JLL Brokers $14.2M Sale Of Retail Property In Radnor, PA
SOLDRetail

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

James Galbally

JLL

Broker

$2B

vol

26 deals

Broker
Brandywine Realty Trust
Brandywine Realty TrustBrokerage

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