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102 West Kaufman Street

Armond Aivazyan & Glen Kunofsky Of NNN Pro Facilitate Sale Of Retail Property In Rockwall For $1.28M
SOLDRetail

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

Glen Kunofsky

Surmount

Broker

$768.6M

vol

106 deals

Broker

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