Bryan Grosman Purchases Retail Asset From Mark Schostak In Overland Park For $4.81M
8681 W 135th St
$4,810,000
$334/SF
Building Size
14,392 SF
Asset Type
Retail
Closing
May 23, 2013
About this deal
AI
The property asset involved in the transaction is a retail space located at 8681 W 135th St in Overland Park. This asset spans a total square footage of 14,392 and was sold for a transaction price of $4,810,000.00.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $4,810,000.00
- Address: 8681 W 135th St
- Market: Overland Park
- Square Footage: 14,392
- Buyer: Bryan Grosman
- Seller: Mark Schostak
- Broker Representatives: Arthur Porosoff, John Stacy
This transaction features Bryan Grosman as the buyer and Mark Schostak as the seller. Arthur Porosoff and John Stacy represented the parties in the deal, facilitating the transaction between the buyer and seller.
Players
Overland Park 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
3.30%
Cash-on-Cash
-0.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93