Carver, MA Retail Property With Shaw's And CVS Sold For $25M By NNN Pro Group - Marcus & Millichap
100 North Main Street, Carver, MA, USA
$25,000,000
$293/SF
Building Size
85,199 SF
Asset Type
Retail
Closing
Jul 30, 2020
AI
A retail property located at 100 North Main Street in Carver, MA has been sold for $25,000,000. The property spans 85,199 square feet and has an approximate price per square foot of $293. Situated on 17.15 acres, the property has a price per acre of $1,457,726. The transaction took place on 07/30/2021.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $25,000,000
- Market: Carver, MA
- Address: 100 North Main Street
The sale was facilitated by Glen Kunofsky, Josh Kanter, and Anthony D'Ambrosia of NNN Pro Group - Marcus & Millichap. The property is occupied by Shaw's and CVS as tenants.
Players
Carver 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
0.63%
Cash-on-Cash
-0.18%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93