Updated Sep 11, 2026
SOLDRetail
Efiraim Ben-Efriam Acquires Retail Property In Indio From Arthur D’Souza For $1.99M
44-680 Jackson Street
$1,990,000
$215/SF
Building Size
9,222 SF
Asset Type
Retail
Closing
Sep 8, 2026
About this deal
AI
The property involved in this transaction is a retail asset located at 44-680 Jackson Street in Indio. The sale price for the asset was $1,990,000, and it encompasses a total square footage of 9,222. The price per square foot amounts to $215.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $1,990,000
- Address: 44-680 Jackson Street
- Market: Indio
- Square Footage: 9,222
- Price Per Square Foot: $215
- Buyer: Efiraim Ben-Efriam
- Seller: Arthur D’Souza
- Buyer's Representative: Ray Shammamie - Summit Net Lease
- Seller's Representatives: Max Kinsbruner & Brian Quinn - JLL
Ray Shammamie from Legacy Real Estate Advisors represented the buyer, Efiraim Ben-Efriam, in this transaction. The seller, Arthur D’Souza, was represented by Max Kinsbruner and Brian Quinn, both from JLL.
Players
Indio 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
7.97%
Cash-on-Cash
-2.28%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93