facebook
Traded Co logo
Submit

Horvath & Tremblay Brokers Sell Retail Property In Lebanon, ME For $2M

Property Image
SOLD
$2,000,000

Maine

See Similar Deals
Retail9,100 SF
Sold 05/27/2022
the dealplayerscompscontact
Property Image
SOLD

Horvath & Tremblay Brokers Sell Retail Property In Lebanon, ME For $2M

351 Carl Broggi Highway, Lebanon, Maine 04027, United States

See Similar Deals
Retail9,100 SF
Sold 05/27/2022
Contact now

Summary

MAINE
Asset Type:Retail
Price Per Square Foot:$219
Total Square Footage:9,100 SF
Transaction Type:Sale

A retail property located at 351 Carl Broggi Hwy in Lebanon, ME has been sold for a price of $2,000,000. Covering an area of 2.01 acres, this property offers 9,100 square feet of space with a price per square foot of $220. The transaction took place on May 27, 2022, and was facilitated by brokers Kyle Danielson and Dan Bernardini, representing Horvath & Tremblay.

Summary of Transaction Details

  • Property Type: Retail
  • Transaction Amount: $2,000,000
  • Address: 351 Carl Broggi Hwy
  • Market: Lebanon, ME
  • Acres: 2.01
  • Square Footage: 9,100
  • Price Per Square Foot: $220

The sale of this retail property was negotiated by brokers Kyle Danielson and Dan Bernardini, who represented Horvath & Tremblay in the deal. They played a key role in facilitating the transaction, ensuring a successful sale of the property.

Players

Kyle Danielson
15 deals$55.2M volume
BROKER

Daniel (Dan) Bernardini
Horvath & Tremblay
10 deals$33.6M volume
BROKER

Details

SOLD
IMAGE: Dan Bernardini & Kyle Danielson DATE: 05/27/2022 ADDRESS: 351 Carl Broggi Hwy MARKET: Lebanon, ME ASSET TYPE: Retail ~ ACRES: 2.01 BROKERS: Kyle Danielson & Dan Bernardini - Horvath & Tremblay SALE PRICE: $2,000,000 SF: 9,100 ~ PPSF: $220

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

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
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$106,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$7,105.57
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,481.02
Annual Debt Service$113,772.24