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2901 Southeast Fremont Street

Fadi Agour Acquires Retail Property In Topeka For $1.43M
SOLDRetail

Fadi Agour Acquires Retail Property In Topeka For $1.43M

2901 Southeast Fremont Street

$1,428,571

$42/SF

Building Size

33,541 SF

Asset Type

Retail

Closing

Feb 9, 2023

AI

A retail property located at 2901 Southeast Fremont Street in Topeka has been sold in a closed transaction. The property spans 33,541 square feet and was sold for a price of $1,428,571, resulting in a price per square foot of $43. The property was previously owned by SQRL Fuel and was purchased by Fadi Agour.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $1,428,571
  • Address: 2901 Southeast Fremont Street
  • Market: Topeka
  • Buyer: Fadi Agour
  • Seller: SQRL Fuel

The buyer, Fadi Agour, was represented by Sai Thakor from Marcus & Millichap in the transaction.

Players

Sai Thakor

CBRE

Broker

$110.6M

vol

29 deals

Broker
SF
SQRL FuelSeller

Market Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

11.10%

Cash-on-Cash

-3.17%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93