Updated Sep 5, 2024
Marcus & Millichap Brokers $7M Retail Sale In Plymouth, MA
165 Samoset Street, Plymouth, MA 02360, USA
$7,000,000
$517/SF
Building Size
13,519 SF
Asset Type
Retail
Closing
Oct 18, 2021
About this deal
AI
The retail property located at 165 Samoset Street in Plymouth, MA has been sold. The property spans 13,519 square feet and was sold for a total of $7,000,000, resulting in a price per square foot of $518. The transaction took place on October 18, 2021. The property is situated in the Plymouth market, offering potential for various retail opportunities.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $7,000,000
- Address: 165 Samoset Street, Plymouth, MA
- Square Footage: 13,519
- Price per Square Foot: $518
The sale was facilitated by the NNN Pro Group - Marcus & Millichap, with brokers Glen Kunofsky, Josh Kanter, and Anthony D'Ambrosia representing the parties involved in the transaction. The involvement of these experienced brokers demonstrates their expertise in handling retail properties in the Plymouth market.
Players
Plymouth 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
2.27%
Cash-on-Cash
-0.65%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93