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200 Hancock Street

Surmount Represents Seller And Buyer In $6.89M Retail Sale Of Panera & Applebee's In Quincy MA
SOLDRetail

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

Glen Kunofsky

Surmount

Broker

$768.6M

vol

106 deals

Broker
Surmount
SurmountBrokerage

Quincy 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

2.30%

Cash-on-Cash

-0.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93