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Store Capital Acquires Retail Property In North Attleborough, MA For $3.3M

Property Image
SOLD
$3,282,974

Massachusetts

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Retail
Sold 05/13/2022
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Property Image
SOLD

Store Capital Acquires Retail Property In North Attleborough, MA For $3.3M

1510 South Washington Street, North Attleboro, Massachusetts 02760, United States

See Similar Deals
Retail
Sold 05/13/2022
Contact now

Summary

MASSACHUSETTS
Asset Type:Retail
Transaction Type:Sale

The retail property located at 1510 S Washington St in North Attleborough, MA has been sold for a price of $3,282,974. The transaction took place on 05/13/2022.

Summary of transation details

  • Property Type: Retail
  • Transaction Amount: $3,282,974
  • Address: 1510 S Washington St, North Attleborough, MA
  • Market: North Attleborough, MA

The buyer of the property is Store Capital, while the seller is Restaurant Growth Services LLC represented by Craig Barber.

Players

BUYER

Craig Barber
6 deals$22.4M volume
SELLER

Details

SOLD
IMAGE: Craig Barber DATE: 05/13/2022 ADDRESS: 1510 S Washington St MARKET: North Attleborough, MA ASSET TYPE: Retail BUYER: Store Capital SELLER: Restaurant Growth Services LLC - Craig Barber SALE PRICE: $3,282,974

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$175,091.93

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$11,663.73
Cash-on-Cash Return-1.27%
Monthly Debt Service$15,562.97
Annual Debt Service$186,755.66