Updated Dec 21, 2023
Bob Horvath & Todd Tremblay Of Horvath & Tremblay Acquire Retail Property On Main St In Waltham, MA For $10.4M
21 Main St, Waltham, Massachusetts, USA
$10,400,000
$517/SF
Building Size
20,112 SF
Asset Type
Retail
Closing
Nov 5, 2021
About this deal
AI
Located in Waltham, MA, the property at 21 & 39 Main St is a retail asset spanning across 1.78 acres. The transaction took place on 11/05/2021 with a sale price of $10,400,000. The property consists of 20,112 square feet, resulting in a price per square foot of $517.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $10,400,000
- Address: 21 & 39 Main St, Waltham, MA
- Market: Waltham, MA
- Acres: 1.78
- Brokers: Bob Horvath & Todd Tremblay - Horvath & Tremblay
The deal was overseen by brokers Bob Horvath and Todd Tremblay from Horvath & Tremblay. With a successful sale at a notable price, this transaction marks a significant milestone for the involved parties and the local real estate market.
Players
Waltham 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
1.53%
Cash-on-Cash
-0.44%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93