Michael Kook Of Marcus & Millichap Represents Buyer In $2.95M Starbucks Sale In Greenfield MA
SOLD
Massachusetts
See Similar DealsRetail4,358 SF
Sold 04/16/2025
SOLD
Michael Kook Of Marcus & Millichap Represents Buyer In $2.95M Starbucks Sale In Greenfield MA
200 Mohawk Trail
See Similar DealsRetail4,358 SF
Sold 04/16/2025
Summary
MASSACHUSETTS
Asset Type:Retail
Price Per Square Foot:$676
Total Square Footage:4,358 SF
Transaction Type:Sale
The property involved in this transaction is a retail asset located at 200 Mohawk Trail in Greenfield, MA. The sale price was $2,950,000, and the total square footage of the property is 4,358, resulting in a price per square foot of $676.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $2,950,000
- Address: 200 Mohawk Trail
- Market: Greenfield, MA
- Square Footage: 4,358
- Price Per Square Foot: $676
- Buyer's Representative: Michael Kook - Marcus & Millichap
- Seller's Representatives: Glen Kunofsky, Josh Kanter, Anthony D'Ambrosia & Stewart Hickey - NNN Pro Group
NNN Pro Group, along with their broker of record Bang Realty-New England, Inc., represented the seller for the Starbucks in Greenfield, MA. Michael Kook served as the representative for the buyer during this transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$157,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$10,480.74
Cash-on-Cash Return-1.27%
Monthly Debt Service$13,984.51
Annual Debt Service$167,814.06
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