Atlantic Retail Brokers Sell Retail Property In Framingham, MA For $17.4M
19 Temple St Framingham, Ma 01702, Usa
$17,400,000
$268/SF
Building Size
64,917 SF
Asset Type
Retail
Closing
Jul 28, 2023
AI
Atlantic Capital Partners has successfully completed the sale of a grocery-anchored, multi-tenant shopping center located at 19 Temple Street in Framingham, MA. The property, known as Stop and Shop, was sold for a total of $17.4 million. With a total square footage of 64,917, the property was sold at a price per square foot of $268.
Summary of transation details
- Property Type: Retail
- Transaction Amount: $17,400,000
- Address: 19 Temple Street, Framingham, MA
- Market: Framingham, MA
- Brokers: Chris Peterson, Danielle Donovan, Justin Smith & Sam Koonce - Atlantic Retail
Brokers Chris Peterson, Danielle Donovan, Justin Smith, and Sam Koonce from Atlantic Retail played a crucial role in facilitating the successful sale of Stop and Shop. Their expertise and dedication ensured the completion of the transaction.
Players
Boston 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
0.91%
Cash-on-Cash
-0.26%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93