FINANCEDRetail
Fantini & Gorga Brokers Secure $12.5M Loan For Retail Property At 1 Wheeler Rd In Burlington, MA
1 Wheeler Road, Burlington, Massachusetts 01803, United States
$12,500,000
Building Size
—
Asset Type
Retail
Closing
Sep 8, 2022
AI
A retail property located at 1 Wheeler Rd in Burlington, MA has recently been involved in a closed transaction.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $12,500,000
- Market: Burlington, MA
The transaction was facilitated by brokers Casimir Groblewski and Colin Monahan from Fantini & Gorga.
No additional information is available at this time.
Players
Burlington Retail Market Snapshot
Boundary boundary · Retail · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.27%
Cash-on-Cash
-0.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93