SOLDRetail
Horvath & Tremblay Facilitates $3.52M Arby's Sale In LaVale, MD With Kyle Danielson
1206 National Highway
$3,524,000
Building Size
—
Asset Type
Retail
Closing
Mar 28, 2024
AI
An Arby’s located at 1206 National Highway in LaVale, MD, was recently sold in a retail transaction. The property was sold for $3,524,000.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $3,524,000
- Address: 1206 National Highway
- Market: LaVale, MD
Kyle Danielson from Horvath & Tremblay played a key role in facilitating the sale of the Arby’s in La Vale, MD, representing the buyer in the transaction.
Cumberland Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.50%
Cash-on-Cash
-1.29%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93