facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Massachusetts

/

Retail

/

Sale

/

2077 North Main St West Bri...

SOLDRetail

Gordon Mace Represents Buyer In $3.4 Million Sale At 2077 North Main Street West Bridgewater

2077 North Main St West Bridgewater, MA 02379

$3,400,000

$25/SF

Building Size

133,000 SF

Asset Type

Retail

Closing

Nov 19, 2023

AI

The property involved in this transaction is West Bridgewater Plaza, a retail center located at 2077 North Main Street, West Bridgewater, Massachusetts. The retail plaza spans 133,000 square feet and was sold for $3,400,000. This center is situated off Route 28, which contributes to its accessibility and relevance in the local retail market.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $3,400,000.00
  • Square Footage: 133,000
  • Address: 2077 North Main Street, West Bridgewater, Massachusetts
  • Buyer's Representative: Gordon Mace
  • Buyer: Unknown

KeyPoint Partners facilitated the transaction, with Don Mace representing the buyer, who is the owner and operator of the indoor entertainment concept FunZ. The buyer has plans to establish a FunZ location in the area formerly occupied by Shaw’s within the retail center.

Players

Gordon Mace

Broker

$64.4M

vol

4 deals

Broker

West Bridgewater 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

4.67%

Cash-on-Cash

-1.33%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93