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10 Washington Street

Conviser Property Group Acquires Retail Property In Attleboro, MA For $1.99M
SOLDRetail

Conviser Property Group Acquires Retail Property In Attleboro, MA For $1.99M

10 Washington Street

$1,999,000

$526/SF

Building Size

3,800 SF

Asset Type

Retail

Closing

Apr 12, 2023

AI

The retail property located at 10 Washington Street in Attleboro, MA has been sold for a price of $1,999,000. The property spans across 3,800 square feet with a price per square foot of $526. The sale was facilitated by the Conviser Property Group, representing the buyers, Jim Conviser and Adam Conviser. On the other side, the NNN Pro Group, represented by Glen Kunofsky, Josh Kanter, and Anthony D'Ambrosia, acted as the sellers' representatives.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $1,999,000
  • Square Footage: 3,800
  • Price per Square Foot: $526
  • Address: 10 Washington Street, Attleboro, MA
  • Market: Attleboro, MA

This successful transaction involved two prominent real estate agencies. The Conviser Property Group, led by Jim Conviser and Adam Conviser, represented the buyers' interests. On the other side, the sellers were represented by the NNN Pro Group, with Glen Kunofsky, Josh Kanter, and Anthony D'Ambrosia as their representatives.

Players

Josh Kanter

Surmount

Broker

$626.3M

vol

100 deals

Broker

Market Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

7.94%

Cash-on-Cash

-2.27%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93