Marcus & Millichap Brokers $12.25M Retail Sale In Saugus, MA
SOLD
$12,250,000
Massachusetts
See Similar DealsRetail21,320 SF
Sold 03/02/2021
SOLD
Marcus & Millichap Brokers $12.25M Retail Sale In Saugus, MA
166 Walnut Street, Saugus, Massachusetts, USA
See Similar DealsRetail21,320 SF
Sold 03/02/2021
Summary
MASSACHUSETTS
Asset Type:Retail
Price Per Square Foot:$574
Total Square Footage:21,320 SF
Transaction Type:Sale
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.
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)
$653,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$43,521.67
Cash-on-Cash Return-1.27%
Monthly Debt Service$58,071.25
Annual Debt Service$696,855.00
Is there something missing? Send suggestions