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
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