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
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