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
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