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
About this deal
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.
The retail sale at 1206 National Highway in Cumberland, Maryland sold for $3.5M in 2024. 1206 National Highway is classified as Retail on Traded. Kyle Danielson, Horvath & Tremblay appear on the sale alongside Horvath & Tremblay. This page is the Cumberland, Maryland file for the 1206 National Highway retail sold: pricing, party profiles, and other closed retail comps from the same Cumberland sit in the Market section below. Filter that Cumberland retail set by closing date to see what else sold near 1206 National Highway around 2024. Published consideration for 1206 National Highway is $3.5M, dated 2024. Cite this Horvath & Tremblay Facilitates $3.52M Arby's Sale In LaVale, MD With Kyle Danielson sale when underwriting similar retail product around Cumberland, Maryland.
Cumberland 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
4.50%
Cash-on-Cash
-1.29%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93