400 Merchant Drive
400 Merchant Drive
$2,207,589
$1,063/SF
Building Size
2,075 SF
Asset Type
Retail
Closing
Oct 16, 2026
About this deal
AI
The property asset involved in this transaction is a retail space located at 400 Merchant Drive in Knoxville. The property encompasses a total square footage of 2,075 and was acquired for a total price of $2,207,589, resulting in a price per square foot of $1,063.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $2,207,589
- Address: 400 Merchant Drive
- Market: Knoxville
- Square Footage: 2,075
- Price per Square Foot: $1,063
- Buyer: Angel Fernandez
- Seller: Richard Moseisian
- Brokers: Ricardo Esteves & Kevin Foo - Marcus & Millichap
This transaction involved notable participants in the real estate market, specifically the buyer, Angel Fernandez, who completed the acquisition from seller Richard Moseisian. The brokerage firms facilitating the transaction were represented by Ricardo Esteves and Kevin Foo from Marcus & Millichap, providing their services in this deal.
On the Map
$2,207,589
$1,063/SF
Retail
View full map
Players
Knoxville Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Deal FAQ
Visit Ricardo Esteves to view all their deals.
Browse Knoxville retail sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.19%
Cash-on-Cash
-2.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93