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1255 East Joppa Road

Surmount Represents Seller And Buyer In Sale Of Retail Property In Towson For $6.43M
SOLDRetail

Surmount Represents Seller And Buyer In Sale Of Retail Property In Towson For $6.43M

1255 East Joppa Road

$6,428,200

$818/SF

Building Size

7,855 SF

Asset Type

Retail

Closing

Dec 10, 2025

AI

The property asset involved in the transaction is a retail space located at 1255 East Joppa Road, Towson, MD. The sale was completed at a price of $6,428,200 for a total area of 7,855 square feet, resulting in a price per square foot of $818.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $6,428,200
  • Square Footage: 7,855
  • Price Per Square Foot: $818
  • Address: 1255 East Joppa Road
  • Market: Towson, MD

Glen Kunofsky, Josh Kanter, and Anthony D'Ambrosia from Surmount represented both the seller and buyer in this deal. This transaction involved the Chick-fil-A and Qdoba properties.

Players

Glen Kunofsky

Surmount

Broker

$768.6M

vol

106 deals

Broker
Surmount
SurmountBrokerage

Towson 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

2.47%

Cash-on-Cash

-0.71%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93