Store Capital Acquires Retail Property In Dartmouth, MA For $2.6M
SOLD
$2,624,976
Massachusetts
See Similar DealsRetail14,520 SF
Sold 05/13/2022
SOLD
Store Capital Acquires Retail Property In Dartmouth, MA For $2.6M
161 Faunce Corner Mall Road, Dartmouth, Massachusetts 02747, United States
See Similar DealsRetail14,520 SF
Sold 05/13/2022
Summary
MASSACHUSETTS
Asset Type:Retail
Price Per Square Foot:$180
Total Square Footage:14,520 SF
Transaction Type:Sale
Located at 161 Faunce Corner Rd in Dartmouth, MA, this retail property was recently sold in a transaction facilitated by Store Capital. The seller, Restaurant Growth Services LLC represented by Craig Barber, agreed to the sale for a price of $2,624,976. The property features an attractive market value and is an excellent addition to Store Capital's portfolio.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $2,624,976
- Address: 161 Faunce Corner Rd, Dartmouth, MA
- Market: Dartmouth, MA
- Buyer: Store Capital
- Seller: Restaurant Growth Services LLC - Craig Barber
Store Capital's acquisition of this retail property demonstrates their commitment to expanding their portfolio with strategic investments. By acquiring this asset, Store Capital strengthens its presence in the market and positions itself for future growth opportunities.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$139,998.71
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$9,326.00
Cash-on-Cash Return-1.27%
Monthly Debt Service$12,443.73
Annual Debt Service$149,324.71
Is there something missing? Send suggestions