Horvath & Tremblay Sells Walgreens Property In Tewksbury, MA For $4.55M
2341 Main Street
$4,550,000
Building Size
—
Asset Type
Retail
Closing
Dec 8, 2023
AI
Horvath & Tremblay, represented by Brad Canova, has successfully sold a Walgreens property in Tewksbury, Mass., at a transaction value of $4.55 million. The property, located at 2341 Main Street, is a retail asset.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $4,550,000
- Address: 2341 Main Street, Tewksbury, MA
- Market: Tewksbury, MA
Brad Canova from Horvath & Tremblay played a crucial role as the broker in this successful sale. With their expertise, they were able to facilitate the transaction between the buyer and seller, resulting in a substantial deal value.
Players
Tewksbury 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
3.49%
Cash-on-Cash
-1.00%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93