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2-6 Enon Street

Horvath & Tremblay Sell Retail Property In Beverly, MA For $6.6M
SOLDRetail

Horvath & Tremblay Sell Retail Property In Beverly, MA For $6.6M

2-6 Enon Street

$6,593,750

$308/SF

Building Size

21,350 SF

Asset Type

Retail

Closing

Jul 26, 2022

AI

The retail property located at 2-6 Enon St in Beverly, MA has been sold for a transaction price of $6,593,750. The property spans across 21,350 square feet, resulting in a price per square foot of $309.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $6,593,750
  • Address: 2-6 Enon St, Beverly, MA
  • Market: Beverly, MA
  • Square Footage: 21,350
  • Price per Square Foot: $309

The sale of this retail property was facilitated by the team of brokers consisting of Bob Horvath, Todd Tremblay, and Hobie Hare from Horvath & Tremblay.

Players

Robert Horvath

Horvath & Tremblay

Broker

$564M

vol

114 deals

Broker

Beverly 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

2.41%

Cash-on-Cash

-0.69%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93