Freudenheim Partners Arranges Sale Of 12 Atlantic Avenue Retail Property In Marblehead For $1.495M
12 Atlantic Avenue
$1,495,000
$433/SF
Building Size
3,450 SF
Asset Type
Retail
Closing
Sep 10, 2025
AI
12 Atlantic Avenue is a fully leased retail/office property located in Marblehead, MA, with a total square footage of 3,450. The property was sold for $1,495,000, representing a price per square foot of $433.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $1,495,000
- Address: 12 Atlantic Avenue
- Market: Marblehead, MA
- Square Footage: 3,450
- Price per Square Foot: $433
Freudenheim Partners facilitated the transaction, with Anthony Biette representing the seller in the sale of the property located at 12 Atlantic Ave.
Players
Marblehead 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
10.61%
Cash-on-Cash
-3.03%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93