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Retail Asset Sold In North Attleboro For $18.025M With Brokers Chris Peterson Danielle Turpin Sam Koonce
SOLD
$18,025,000
Massachusetts
See Similar DealsRetail71,297 SF
Sold 03/14/2025
SOLD
Retail Asset Sold In North Attleboro For $18.025M With Brokers Chris Peterson Danielle Turpin Sam Koonce
206 East Washington Street
See Similar DealsRetail71,297 SF
Sold 03/14/2025
Summary
MASSACHUSETTS
Asset Type:Retail
Price Per Square Foot:$252
Total Square Footage:71,297 SF
Transaction Type:Sale
The property asset involved in this transaction is a retail space located at 206 East Washington Street in North Attleboro. This asset features a total square footage of 71,297.0 and was sold for a price of $18,025,000.00.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $18,025,000.00
- Address: 206 East Washington Street
- Market: North Attleboro
- Square Footage: 71,297.0
The transaction involved key representatives from Atlantic Retail, including Chris Peterson, Danielle Turpin, and Sam Koonce, who facilitated the deal.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$961,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$64,039.03
Cash-on-Cash Return-1.27%
Monthly Debt Service$85,447.70
Annual Debt Service$1,025,372.35
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