Retail Property In Owensboro, KY Sells For $2.5M With Marcus & Millichap's Dan Yozwiak & Darpan Patel
4641 Frederica Street
$2,476,000
$958/SF
Building Size
2,584 SF
Asset Type
Retail
Closing
May 1, 2023
About this deal
AI
The retail property located at 4641 Frederica Street in Owensboro, KY has been sold for a price of $2,476,000. The property spans over an area of 2,584 square feet, resulting in a price per square foot of $958. This transaction was facilitated by Dan Yozwiak and Darpan Patel of Marcus & Millichap brokerage firm.
Summary of transation details
- Property Type: Retail
- Transaction Amount: $2,476,000
- Square Footage: 2,584
- Price per Square Foot: $958
- Location: 4641 Frederica Street, Owensboro, KY
- Brokers: Dan Yozwiak & Darpan Patel - Marcus & Millichap
This successful sale was led by the dedicated efforts of Dan Yozwiak and Darpan Patel from Marcus & Millichap. They provided expert guidance and negotiation skills throughout the transaction process, ensuring the satisfaction of both the buyer and the seller.
Players
Owensboro 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
6.41%
Cash-on-Cash
-1.83%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93