Bryan Grosman Acquires Retail Property From Evander Jones In Findlay For $4,810,000
15031 Us Route 224
$4,810,000
$330/SF
Building Size
14,560 SF
Asset Type
Retail
Closing
May 23, 2013
AI
The property asset involved in this transaction is a retail space located at 15031 Us Route 224 in Findlay. It encompasses a total area of 14,560 square feet and was sold for a price of $4,810,000.00.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $4,810,000.00
- Address: 15031 Us Route 224
- Market: Findlay
- Square Footage: 14,560
- Buyer: Bryan Grosman
- Seller: Evander Jones
- Broker Representatives: Arthur Porosoff, Paul Kerber (Marcus & Millichap)
This transaction features key individuals including the buyer, Bryan Grosman, and seller, Evander Jones, who played pivotal roles in the deal. The broker representatives, Arthur Porosoff and Paul Kerber, are associated with Marcus & Millichap and facilitated the transaction process.
Players
Findlay 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