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3910 75th Street, Kenosha, ...

Updated Dec 21, 2023

Mark Heidecke's Retail Property In Kenosha, WI Sold For $1.5M
SOLDRetail

Mark Heidecke's Retail Property In Kenosha, WI Sold For $1.5M

3910 75th Street, Kenosha, Wisconsin 53142, United States

$1,477,180

$470/SF

Building Size

3,138 SF

Asset Type

Retail

Closing

Nov 10, 2021

About this deal

AI

The retail property located at 3910 75th Street in Kenosha, WI has been sold in a recent transaction. The property spans 3,138 square feet and was sold for a total price of $1,477,180, resulting in a price per square foot of $471. The sale of this retail asset was facilitated by Mark Heidecke from Horvath & Tremblay and Heather Dorfler from Colliers.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $1,477,180
  • Square Footage: 3,138
  • Price Per Square Foot: $471

Mark Heidecke from Horvath & Tremblay and Heather Dorfler from Colliers played crucial roles in representing the parties involved in this transaction. They worked diligently to ensure the smooth completion of the deal.

Players

Mark Heidecke

Horvath & Tremblay

Broker

$104.6M

vol

40 deals

Broker

Kenosha Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Deal FAQ

About $470 per square foot on a published $1.5M for 3,138 square feet (2021).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

10.74%

Cash-on-Cash

-3.07%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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