SOLDRetail
Marcus & Millichap Brokers $12.25M Retail Sale In Saugus, MA
166 Walnut Street, Saugus, Massachusetts, USA
$12,250,000
$574/SF
Building Size
21,320 SF
Asset Type
Retail
Closing
Mar 1, 2021
AI
The retail property located at 166 Walnut Street in Saugus, MA has been sold for a price of $12,250,000. The property spans approximately 21,320 square feet, resulting in a price per square foot of $575.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $12,250,000
- Address: 166 Walnut Street, Saugus, MA
- Market: Saugus, MA
The sale of this retail property was facilitated by Laurie Ann Drinkwater and Seth J. Richard of Marcus & Millichap.
Saugus 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
1.29%
Cash-on-Cash
-0.37%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93