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3056 Graham Road

Rina Dukor Acquires Retail Property At 3056 Graham Road Akron For $1.335M
SOLDRetail

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

John Paine
Verified Badge

John Paine

Paine Restaurant Group at Marcus & Millichap

Broker

$5.4M

vol

15 deals

Broker

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