Updated Oct 28, 2024
RPT Realty Acquires Retail Property In Bedford, MA For $54.5M
160 Great Road, Bedford, MA, USA
$54,500,000
$355/SF
Building Size
153,374 SF
Asset Type
Retail
Closing
Jul 30, 2020
About this deal
AI
The retail property located at 160 Great Road in Bedford, MA has been sold. The transaction took place on July 30, 2021, with RPT Realty as the buyer. The property was represented by broker James Koury from Marcus & Millichap Boston. The sale price for the property was $54,500,000. The total square footage of the property is 153,374, resulting in a price per square foot of $355.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $54,500,000
- Address: 160 Great Road, Bedford, MA
- Market: Bedford, MA
- Buyer: RPT Realty
- Broker: James Koury - Marcus & Millichap Boston
- Square Footage: 153,374
- Price per Square Foot: $355
James Koury from Marcus & Millichap Boston played a crucial role as the broker representing the property in this transaction.
On the Map
$54,500,000
$355/SF
Retail
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Bedford 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
0.29%
Cash-on-Cash
-0.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93