Surmount Represents Seller And Buyer In $6.89M Retail Sale Of Panera & Applebee's In Quincy MA
200 Hancock Street
$6,890,000
$678/SF
Building Size
10,150 SF
Asset Type
Retail
Closing
Dec 14, 2025
AI
The property asset involved in the transaction is a retail space located at 200 Hancock Street in Quincy, MA. The property has a total area of 10,150 square feet and was sold for $6,890,000, which equates to a price per square foot of $678.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $6,890,000
- Address: 200 Hancock Street
- Market: Quincy, MA
- Square Footage: 10,150
- Price Per Square Foot: $678
The brokers involved in this transaction were Glen Kunofsky, Josh Kanter, Anthony D'Ambrosia, and Stewart Hickey, all representing Surmount. This transaction marked the first time the property transacted in over 80 years, with Surmount also collaborating with their broker of record, Bang Realty-New England, Inc, to represent both the seller and buyer in the deal.
Players
Quincy Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.30%
Cash-on-Cash
-0.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93