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Marianne Vernacchia Acquires Retail Property In Saginaw From Felix Zamikovsky With John Paine & Alvin Mansour

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SOLD

Texas

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Retail2,443 SF
Sold 12/06/2024
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Property Image
SOLD

Marianne Vernacchia Acquires Retail Property In Saginaw From Felix Zamikovsky With John Paine & Alvin Mansour

600 South Saginaw Boulevard

See Similar Deals
Retail2,443 SF
Sold 12/06/2024
Contact now

Summary

TEXAS
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:2,443 SF
Transaction Type:Sale

The property asset involved in the transaction is located at 600 South Saginaw Boulevard in the Saginaw market. This retail asset is subject to a new 20-year ground sale-leaseback arrangement, indicating a long-term commitment and stable income potential for the buyer.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Not specified
  • Address: 600 South Saginaw Boulevard
  • Market: Saginaw
  • Buyer: Marianne Vernacchia
  • Seller: Felix Zamikovsky
  • Buyer's Representative: John Paine - Paine Net Lease Team
  • Seller's Representative: Alvin Mansour - Marcus & Millichap

The key individuals involved in the transaction include Marianne Vernacchia as the buyer and Felix Zamikovsky as the seller. The deal is represented by John Paine from the Paine Net Lease Team on behalf of the buyer and Alvin Mansour from Marcus & Millichap representing the seller.

Players

Alvin Mansour
7 deals$121M volume
BROKER

Chris Talia
The Mansour Group
2 deals$7.3M volume
BROKER

John Paine
Paine Restaurant Group at Marcus & Millichap
15 deals$5.4M volume(972) 755-5279
BROKER

The Mansour Group
BROKERAGE

Details

SOLD
IMAGE: John Paine & Alvin Mansour DATE: 12/06/2024 ADDRESS: 600 South Saginaw Boulevard MARKET: Saginaw ASSET TYPE: Retail BUYER: Marianne Vernacchia SELLER: Felix Zamikovsky BUYER'S REP: John Paine - Paine Net Lease Team (@PaineNetLeaseTeam) SELLER'S REP: Alvin Mansour - Marcus & Millichap (@MarcusMillichapInc) NOTE FROM BROKER: Property located in Dallas-Fort Worth MSA subject to a brand new 20-year ground sale-leaseback.

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Net Operating Income (NOI)

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Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
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