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161 Main Street

Updated Dec 4, 2024

Luis Calle Acquires Retail Property In Yarmouth Port For $1.075M
SOLDRetail

Luis Calle Acquires Retail Property In Yarmouth Port For $1.075M

161 Main Street

$1,075,000

Building Size

—

Asset Type

Retail

Closing

Feb 23, 2024

About this deal

AI

The property located at 161 Main Street Route 6A in Yarmouth Port, MA, known as Jack’s Outback II, was sold for $1.075 million in a successful transaction overseen by Aaron Webb of Commercial Realty Advisors.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $1,075,000
  • Buyer: Luis Calle
  • Broker: Aaron Webb - Commercial Realty Advisors

Agent Aaron Webb played a crucial role in ensuring the seamless transition of Jack’s Outback II at its asking price, facilitating the sale to Luis Calle.

On the Map

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$1,075,000

Retail

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Players

Aaron Webb

Commercial Realty Advisors

Broker

$1.1M

vol

1 deal

Broker

Yarmouth Port 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

14.76%

Cash-on-Cash

-4.22%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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