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312 State Highway 31 East

Louis Goodmon Of Fresh Stop Acquires Retail Property From Petro Max In Trinidad For $5M
SOLDRetail

Louis Goodmon Of Fresh Stop Acquires Retail Property From Petro Max In Trinidad For $5M

312 State Highway 31 East

Building Size

5,000 SF

Asset Type

Retail

Closing

Sep 22, 2025

AI

The property asset involved in this transaction is a retail space located at 312 State Highway 31 East in the Trinidad market. The asset encompasses a total square footage of 5,000. The sale involves a business and real estate sale from Petro Max to Fresh Stop.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Not specified
  • Address: 312 State Highway 31 East
  • Market: Trinidad
  • Square Footage: 5,000
  • Buyer: Louis Goodmon - Fresh Stop
  • Seller: Petro Max
  • Buyer's Representative: Sage Chaffin, Amar Goli & Nolan Dunn - NorthMarq
  • Seller's Representative: Aasir Momin - US Realty Partners

This transaction highlights the involvement of key individuals in the deal, including Louis Goodmon, who represents Fresh Stop as the buyer, and Aasir Momin, who acts as the representative of the seller, Petro Max. The buyer's representation by Sage Chaffin, Amar Goli, and Nolan Dunn from NorthMarq underscores the collaborative nature of the transaction.

Players

Aasir Momin

Broker

$4.1M

vol

6 deals

Broker
NorthMarq
NorthMarqBrokerage

Trinidad 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

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93