Karan Korpal And Raj Korpal Purchase Retail At 101 East Parkwood Avenue From Jack In The Box
SOLD
Texas
See Similar DealsRetail2,600 SF
Sold 01/20/2026
SOLD
Karan Korpal And Raj Korpal Purchase Retail At 101 East Parkwood Avenue From Jack In The Box
101 East Parkwood Avenue
See Similar DealsRetail2,600 SF
Sold 01/20/2026
Summary
TEXAS
Asset Type:Retail
Total Square Footage:2,600 SF
Transaction Type:Sale
The property asset involved in this transaction is a retail unit located at 101 East Parkwood Avenue in Friendswood. It encompasses 2,600 square feet and was sold by the seller, Jack in the Box.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not disclosed
- Address: 101 East Parkwood Avenue
- Market: Friendswood
- Buyer: Karan Korpal & Raj Korpal
- Seller: Jack in the Box
- Brokers: Safin Momin - Resolut Re; Mitch Bowers - Resolut Re
The deal involved buyers Karan Korpal and Raj Korpal, who acquired the retail property from Jack in the Box, facilitated by brokers Safin Momin and Mitch Bowers of Resolut Re. This transaction underscores the active role of Resolut Re in navigating property dealings within the retail sector.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Similar Buyers
Unlock All Profiles
Upgrade to Traded Pro for full access to every deal, profile & market insight.Unlimited deal views
Access investor profiles & contacts
Exclusive comps & market data
Go Pro
Similar Brokers
Search Address Tool
Enter any address to instantly view nearby comps, investors, brokers, lenders, and a visual map.NEW!
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$117,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$7,816.15
Cash-on-Cash Return-1.27%
Monthly Debt Service$10,429.12
Annual Debt Service$125,149.47
Is there something missing? Send suggestions