Rajeev Kumar Acquires Retail Property In Wynne AR From Leo Monterrey For $2.8M
810 Us Route 64
$3,150,000
$118/SF
Building Size
26,552 SF
Asset Type
Retail
Closing
Oct 22, 2025
AI
The retail property located at 810 US Route 64 in Wynne, AR, has been sold for $2,800,000. The asset encompasses a square footage of 26,552, yielding a price per square foot of $105.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $2,800,000
- Address: 810 US Route 64
- Market: Wynne, AR
- Square Footage: 26,552
- Price Per Square Foot: $105
- Buyer: Rajeev Kumar
- Seller: Leo Monterrey
- Brokers: Jonathan De La Rosa & Philip Levy - Marcus & Millichap
The transaction was facilitated by brokers Jonathan De La Rosa and Philip Levy, both representing the agency Marcus & Millichap in this deal. Rajeev Kumar acquired the property from Leo Monterrey, marking a significant transaction in the retail sector of the Wynne market.
Players
Wynne 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
5.04%
Cash-on-Cash
-1.44%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93