Updated Dec 19, 2023
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
About this deal
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.
The retail sale at 166 Walnut Street, Saugus, Massachusetts, USA in Saugus, Massachusetts sold for $12.3M in 2021. The building is 21,320 square feet, implying about 574 per square foot on the published price. Laurie Ann "L.A." Drinkwater, Marcus & Millichap appear on the sale alongside Marcus & Millichap. This page is the Saugus, Massachusetts file for the 166 Walnut Street, Saugus, Massachusetts, USA retail sold: pricing, party profiles, and other closed retail comps from the same Saugus sit in the Market section below. Filter that Saugus retail set by closing date to see what else sold near 166 Walnut Street, Saugus, Massachusetts, USA around 2021. Published consideration for 166 Walnut Street, Saugus, Massachusetts, USA is $12.3M, dated 2021. Cite this Marcus & Millichap Brokers $12.25M Retail Sale In Saugus, MA sale when underwriting similar retail product around Saugus, Massachusetts.
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