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1914 Ocean Street, Marshfie...

Updated Sep 5, 2024

NNN Pro Group - Marcus & Millichap Sells Retail Property In Marshfield, MA For $3.8M
SOLDRetail

NNN Pro Group - Marcus & Millichap Sells Retail Property In Marshfield, MA For $3.8M

1914 Ocean Street, Marshfield, MA 02050

$3,775,000

$285/SF

Building Size

13,238 SF

Asset Type

Retail

Closing

Jun 11, 2020

About this deal

AI

A retail property located at 1914 Ocean Street in Marshfield, MA has been sold for a price of $3,775,000. The property spans across 13,238 square feet, resulting in a price per square foot of $283.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $3,775,000
  • Address: 1914 Ocean Street, Marshfield, MA
  • Market: Marshfield, MA

The sale was facilitated by Glen Kunofsky, Josh Kanter, and Anthony D'Ambrosia from NNN Pro Group - Marcus & Millichap.

The retail sale at 1914 Ocean Street, Marshfield, MA 02050 in Marshfield, Massachusetts sold for $3.8M in 2020. The building is 13,238 square feet, implying about 285 per square foot on the published price. Glen Kunofsky, Josh Kanter, Anthony D'Ambrosia, Marcus & Millichap appear on the sale alongside Marcus & Millichap, NNN Pro Group. This page is the Marshfield, Massachusetts file for the 1914 Ocean Street, Marshfield, MA 02050 retail sold: pricing, party profiles, and other closed retail comps from the same Marshfield sit in the Market section below. Filter that Marshfield retail set by closing date to see what else sold near 1914 Ocean Street, Marshfield, MA 02050 around 2020. Published consideration for 1914 Ocean Street, Marshfield, MA 02050 is $3.8M, dated 2020. Cite this NNN Pro Group - Marcus & Millichap Sells Retail Property In Marshfield, MA For $3.8M sale when underwriting similar retail product around Marshfield, Massachusetts.

Players

Josh Kanter

Surmount

Broker

$626.3M

vol

100 deals

Broker
Marcus & Millichap
Marcus & MillichapBrokerage

Marshfield Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Deal FAQ

About $285 per square foot on a published $3.8M for 13,238 square feet (2020).

Visit Glen Kunofsky to view all their deals.

Browse Massachusetts retail sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.20%

Cash-on-Cash

-1.20%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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