Triconn Realty LLC Acquires Office Building In Waltham, MA For $1.5M
1264 Main Street, Waltham, MA, USA
$1,500,000
$340/SF
Building Size
4,400 SF
Asset Type
Office
Closing
Mar 29, 2021
AI
Gahd LLC has sold an office property located at 1264 Main Street in Waltham, MA. The property, with a total square footage of 4,400, was sold for $1,500,000, resulting in a price per square foot of $341. The transaction took place on March 30, 2021.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $1,500,000
- Address: 1264 Main Street, Waltham, MA
- Market: Waltham, MA
- Seller: Gahd LLC
- Buyer: Triconn Realty LLC
- Brokers: Massis Khoumjian & Dave DiGregorio
The property was sold by Gahd LLC to Triconn Realty LLC. The transaction was facilitated by Massis Khoumjian and Dave DiGregorio, who represented the respective parties.
Players
Waltham Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
10.58%
Cash-on-Cash
-3.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93