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
About this deal
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