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208 Main Street

Horvath & Tremblay Represents Seller In $6.98 Million Retail Plaza Sale In Wilmington, MA
SOLDRetail

Horvath & Tremblay Represents Seller In $6.98 Million Retail Plaza Sale In Wilmington, MA

208 Main Street

$6,983,421

$1,008/SF

Building Size

6,924 SF

Asset Type

Retail

Closing

Mar 11, 2026

AI

208 Main Street is a retail asset located in Wilmington, MA that encompasses 6,924 square feet and was sold for $6,983,421. The property is a two-tenant, build-to-suit retail plaza, currently leased to Chase Bank and Chipotle, with a price per square foot of $1,009.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $6,983,421
  • Square Footage: 6,924
  • Price Per Square Foot: $1,009
  • Address: 208 Main Street
  • Market: Wilmington, MA

The sale was facilitated by brokers Robert Horvath, Jack Laurendeau, and Todd Tremblay from Horvath & Tremblay, who represented the seller while also procuring the buyer for this transaction.

Players

Robert Horvath

Horvath & Tremblay

Broker

$564M

vol

114 deals

Broker
C
ChipotleTenant

Wilmington 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

2.27%

Cash-on-Cash

-0.65%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93