Updated Jun 18, 2025
Jorge Barragan Leases 36,192-SF Space At Endicott Square In Danvers MA
180 Endicott Street
Building Size
36,192 SF
Asset Type
Retail
Closing
Jun 17, 2025
About this deal
AI
A retail asset located at 180 Endicott Street in Danvers, MA, has been leased. The property encompasses a total of 36,192 square feet and was previously occupied by Bed Bath & Beyond.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not disclosed
- Lease Date: 06/17/2025
- Tenant: Jorge Barragan - The Picklr
- Broker: Don Mace - KeyPoint Partners
Jorge Barragan, representing The Picklr, has secured a lease for the space, marking the expansion of the nation's leading indoor pickleball venue into this location.
On the Map
Retail
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93