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1264 Main Street, Waltham, ...

Triconn Realty LLC Acquires Office Building In Waltham, MA For $1.5M
SOLDOffice

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:

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

Dave DiGregorio

Coldwell Banker

Broker

$8.9M

vol

7 deals

Broker

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