Legacy Realty Group Advisors Brokers $12M Retail Sale In Mukwonago, WI To ExchangeRight
1010 North Rochester Street
$12,000,000
$188/SF
Building Size
63,740 SF
Asset Type
Retail
Closing
Jun 11, 2024
AI
The retail property located at 1010 North Rochester Street in Mukwonago, WI, was recently sold for $12,000,000. The property spans 63,740 square feet, resulting in a price per square foot of $188. ExchangeRight acquired the property from Nessel Development in this transaction.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $12,000,000
- Buyer: ExchangeRight
- Seller: Nessel Development
- Buyer's Representative: Carol Vena - JRW Realty
- Seller's Representatives: Daniel Baruch & Jacob Baruch - Legacy Realty Group Advisors
- Address: 1010 North Rochester Street
- Market: Mukwonago, WI
In this deal, the buyer ExchangeRight was represented by Carol Vena from JRW Realty, while the seller Nessel Development was represented by Daniel Baruch and Jacob Baruch from Legacy Realty Group Advisors.
Players
Mukwonago 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
1.32%
Cash-on-Cash
-0.38%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93