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138 South Main Street

Atlantic Capital Partners Brokers $8 Million Sale Of Milford Square Retail Center In Milford MA
SOLDRetail

Atlantic Capital Partners Brokers $8 Million Sale Of Milford Square Retail Center In Milford MA

138 South Main Street

$8,000,000

$159/SF

Building Size

50,236 SF

Asset Type

Retail

Closing

May 29, 2026

AI

The property involved in the transaction is a retail asset located at 138 South Main Street, Milford, MA. The transaction was valued at $8,000,000, encompassing a total square footage of 50,236. The price per square foot stands at $159.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $8,000,000
  • Square Footage: 50,236
  • Address: 138 South Main Street
  • Market: Milford, MA
  • Price Per Square Foot: $159

The transaction was brokered by Chris Peterson, Danielle Turpin, and Matt Ericson representing Atlantic Retail, indicating the involvement of experienced brokers in facilitating the sale of this neighborhood shopping center known as Milford Square, strategically situated on Interstate 495.

Players

Chris Peterson

Atlantic Retail

Broker

$501M

vol

31 deals

Broker

Milford 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

1.98%

Cash-on-Cash

-0.57%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93