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2419 Cranberry Highway, War...

Updated Dec 21, 2023

Horvath & Tremblay Broker Retail Property Sale In Wareham, MA For $7.2M
SOLDRetail

Horvath & Tremblay Broker Retail Property Sale In Wareham, MA For $7.2M

2419 Cranberry Highway, Wareham, MA 02571, USA

$7,200,000

$204/SF

Building Size

35,247 SF

Asset Type

Retail

Closing

Aug 10, 2020

About this deal

AI

A retail property located at 2419 Cranberry Hwy in Wareham, MA has been sold for $7,200,000. The property has a total square footage of 35,247, resulting in a price per square foot of $204. Bob Horvath & Todd Tremblay of Horvath & Tremblay served as the brokers in the transaction.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $7,200,000
  • Address: 2419 Cranberry Hwy, Wareham, MA
  • Market: Wareham, MA
  • Square Footage: 35,247
  • Price Per Square Foot: $204
  • Brokers: Bob Horvath & Todd Tremblay - Horvath & Tremblay

The sale of the retail property at 2419 Cranberry Hwy was facilitated by Bob Horvath & Todd Tremblay of Horvath & Tremblay. They played a crucial role in representing the parties involved in the transaction.

Players

Robert Horvath

Horvath & Tremblay

Broker

$614.5M

vol

118 deals

Broker

Wareham Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Deal FAQ

About $204 per square foot on a published $7.2M for 35,247 square feet (2020).

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Browse Massachusetts retail sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.20%

Cash-on-Cash

-0.63%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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