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18 Pearson Boulevard

Seller's Rep NNN Pro Group Sells Friendly's Property In Gardner MA For $1.865M
SOLDRetail

Seller's Rep NNN Pro Group Sells Friendly's Property In Gardner MA For $1.865M

18 Pearson Boulevard

$1,865,000

$513/SF

Building Size

3,634 SF

Asset Type

Retail

Closing

Apr 20, 2025

AI

The retail property located at 18 Pearson Boulevard in Gardner, MA was sold for $1,865,000. The asset encompasses a total area of 3,634 square feet, resulting in a price per square foot of $513.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $1,865,000
  • Address: 18 Pearson Boulevard, Gardner, MA
  • Square Footage: 3,634
  • Price Per Square Foot: $513
  • Seller's Representative: Glen Kunofsky, Josh Kanter & Anthony D'Ambrosia - NNN Pro Group

NNN Pro Group represented the seller in this transaction in partnership with their broker of record Bang Realty-New England, Inc, facilitating the sale of the Friendly's property in Gardner, MA.

Players

Glen Kunofsky

Surmount

Broker

$768.6M

vol

106 deals

Broker

Gardner 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

8.51%

Cash-on-Cash

-2.43%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93