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810 Us Route 64

Rajeev Kumar Acquires Retail Property In Wynne AR From Leo Monterrey For $2.8M
SOLDRetail

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

Jonathan De La Rosa

Marcus & Millichap

Broker

$659M

vol

145 deals

Broker
Marcus & Millichap
Marcus & MillichapBrokerage

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