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2659 West Guadalupe Road

David Kaufman & Corey Spound Of Tamarack Associates Acquire Retail Property In Mesa For $6.72M
SOLDRetail

David Kaufman & Corey Spound Of Tamarack Associates Acquire Retail Property In Mesa For $6.72M

2659 West Guadalupe Road

$6,723,000

$1,822/SF

Building Size

3,688 SF

Asset Type

Retail

Closing

Dec 29, 2025

AI

The property asset involved in this transaction is a retail space located at 2659 West Guadalupe Road in Mesa. The sale price for the asset was $6,723,000, and it encompasses a total of 3,688 square feet, translating to a price per square foot of $1,822.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $6,723,000
  • Address: 2659 West Guadalupe Road
  • Market: Mesa
  • Square Footage: 3,688
  • Price Per Square Foot: $1,822
  • Buyer: David Kaufman & Corey Spound - Tamarack Associates, LLC
  • Seller: Frank Gaspardi - CF Realty, LLC
  • Broker Representatives: Jeremy Benloulou & Joseph Dahan - Pegasus Investments Real Estate Advisory

This transaction involved key individuals, notably the buyers David Kaufman and Corey Spound, who are affiliated with Tamarack Associates, LLC, and the seller Frank Gaspardi from CF Realty, LLC. The brokers facilitating this deal were Jeremy Benloulou and Joseph Dahan, representing Pegasus Investments Real Estate Advisory.

Players

Joseph Dahan

Pegasus Investments Real Estate Advisory

Broker

$5.5M

vol

3 deals

Broker
Pegasus Investments Real Estate Advisory
Pegasus Investments Real Estate AdvisoryBrokerage
Corey Spound

Corey Spound

Buyer

$124.4M

vol

6 deals

Buyer

Mesa 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

2.36%

Cash-on-Cash

-0.67%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93