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
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