Evrotas, LLC Acquires Retail Property In Haverhill, MA For $9.3M

The retail property located at 225 Lincoln Avenue in Rivers Edge Plaza in Haverhill, MA has been sold in a recent transaction. The property is situated in a prime location on Route 97 and benefits from being shadow anchored by Market Basket, making it an attractive property in the densely populated Haverhill market. With a wide variety of retail and service tenants, including Dollar Tree, Aubuchon Hardware, Massachusetts RMV, Burger King, Supercuts, and Dunkin, River's Edge Plaza offers a diverse range of offerings.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $9,300,000
• Size: 64,655 square feet
• Price Per Square Foot: $144
• Date: 09/29/2021
• Market: Haverhill, MA
• Buyer: Evrotas, LLC
• Seller: Rivers Edge Plaza LP
• Brokers: Chris McMahon & Frank Normandin - Summit Realty Partners

The deal was facilitated by Chris McMahon and Frank Normandin from Summit Realty Partners, who represented the buyer and seller in the transaction. Their expertise and knowledge of the local market contributed to the successful completion of the deal. The sale of this retail property demonstrates the continued demand for well-located commercial real estate in the Haverhill area.