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1522 Bradley Park Dr

David Stone Acquires Retail Property At 1522 Bradley Park Dr Columbus For $1,422,125
SOLDRetail

David Stone Acquires Retail Property At 1522 Bradley Park Dr Columbus For $1,422,125

1522 Bradley Park Dr

$1,422,125

$432/SF

Building Size

3,286 SF

Asset Type

Retail

Closing

Jan 20, 2010

AI

The property asset involved in this transaction is a retail space located at 1522 Bradley Park Dr in Columbus. The property encompasses a total square footage of 3,286 and was sold for a transaction amount of $1,422,125.00.

Summary of transaction details:

The transaction included notable participants such as David Stone as the buyer and William Wallis as the seller. The brokers involved in representing the interests of the parties were Arthur Porosoff, Alvin Mansour, and Phil Sambazis, all affiliated with Marcus & Millichap.

Players

Alvin Mansour

Marcus & Millichap

Broker

$122.4M

vol

8 deals

Broker
David Stone

David Stone

Buyer

1 deal

Buyer

William Wallis

Seller
Seller

Colombus 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

11.15%

Cash-on-Cash

-3.19%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93