Armond Aivazyan & Glen Kunofsky Of NNN Pro Facilitate Sale Of Retail Property In Rockwall For $1.28M
102 West Kaufman Street
$1,280,000
$495/SF
Building Size
2,585 SF
Asset Type
Retail
Closing
Mar 3, 2025
AI
The property asset involved in this transaction is a retail space located at 102 West Kaufman Street in the Rockwall market. The space encompasses 2,585 square feet and was sold for a price of $1,280,000, equating to a price per square foot of $495.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $1,280,000
- Square Footage: 2,585 SF
- Price Per Square Foot: $495
- Address: 102 West Kaufman Street
- Market: Rockwall
- Brokers: Armond Aivazyan & Glen Kunofsky - NNN Pro
The deal featured the representation of the brokers Armond Aivazyan and Glen Kunofsky from NNN Pro, who played a key role in facilitating this transaction.
Players
Rockwall 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
12.39%
Cash-on-Cash
-3.54%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93