Rajeev Kumar Acquires Retail Property In Wynne AR From Leo Monterrey For $2.8M
SOLD
$3,150,000
Arkansas
See Similar DealsRetail26,552 SF
Sold 10/23/2025
SOLD
Rajeev Kumar Acquires Retail Property In Wynne AR From Leo Monterrey For $2.8M
810 Us Route 64
See Similar DealsRetail26,552 SF
Sold 10/23/2025
Summary
ARKANSAS
Asset Type:Retail
Price Per Square Foot:$118
Total Square Footage:26,552 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$168,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$11,191.28
Cash-on-Cash Return-1.27%
Monthly Debt Service$14,932.61
Annual Debt Service$179,191.28
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