Horvath & Tremblay Sell AutoZone In Nottingham, MD For $1.11M
$1,111,111
Building Size
—
Asset Type
Retail
Closing
Jul 2, 2024
AI
The sale of an AutoZone located at 8601 Belair Rd. in Nottingham, MD, has been successfully closed for $1,111,111. The property, a retail asset, was handled by brokers Jason Prescott Woods and Kyle Danielson of Horvath & Tremblay.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $1,111,111
- Address: 8601 Belair Road
- Market: Nottingham, MD
- Brokers: Jason Prescott Woods & Kyle Danielson - Horvath & Tremblay
Kyle Danielson and Jason Woods were instrumental in facilitating the sale of the AutoZone property. The deal, valued at $1,111,111, marks a significant transaction in the retail market of Nottingham, MD.
Players
Market 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
14.28%
Cash-on-Cash
-4.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93