Rina Dukor Acquires Retail Property At 3056 Graham Road Akron For $1.335M
3056 Graham Road
$1,335,000
$423/SF
Building Size
3,150 SF
Asset Type
Retail
Closing
Jan 31, 2025
AI
The property involved in this transaction is a retail asset located at 3056 Graham Road in the Akron, Ohio MSA. The sale price for the property was $1,335,000, with a total square footage of 3,150. The price per square foot for this transaction amounts to $423.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $1,335,000
- Address: 3056 Graham Road
- Market: Akron, Ohio MSA
- Square Footage: 3,150
- Price Per Square Foot: $423
- Buyer: Rina Dukor
- Seller: John Leonard
- Seller's Representative: John Paine & Sam Noe - Paine Net Lease Team at Marcus & Millichap
Key individuals in this transaction include the buyer, Rina Dukor, and the seller, John Leonard. The deal was represented by John Paine and Sam Noe from the Paine Net Lease Team at Marcus & Millichap, who facilitated the transaction on behalf of the seller.
Players
Stow 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
11.88%
Cash-on-Cash
-3.40%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93