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Horvath & Tremblay Complete Sale Of New-Construction Big Y World Class Market In Uxbridge For $5.6M

Property Image
SOLD
$5,602,714

Massachusetts

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Retail
Sold 10/27/2023
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Property Image
SOLD

Horvath & Tremblay Complete Sale Of New-Construction Big Y World Class Market In Uxbridge For $5.6M

242 South Main Street

See Similar Deals
Retail
Sold 10/27/2023
Contact now

Summary

MASSACHUSETTS
Asset Type:Retail
Transaction Type:Sale

A new-construction Big Y World Class Market located at 242 South Main Street in Uxbridge, MA has been sold for $5,602,714. This retail property transaction achieved a cap rate of 5.8%.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $5,602,714
  • Address: 242 South Main Street, Uxbridge, MA
  • Market: Uxbridge, MA

The sale of the Big Y World Class Market was successfully completed by the brokerage firm Horvath & Tremblay. The brokers involved in the transaction were Brad Canova, Robert (Bob) Horvath, and Todd Tremblay, representing Horvath & Tremblay.

Players

Robert (Bob) Horvath
113 deals$561.5M volume
BROKER

Todd Tremblay
Horvath & Tremblay
103 deals$515.2M volume
BROKER

Brad Canova
Horvath & Tremblay
4 deals$17.8M volume(781) 776-4017
BROKER

Details

SOLD
IMAGE: Robert Horvath, Brad Canova & Todd Tremblay DATE: 10/27/2023 ADDRESS: 242 South Main Street MARKET: Uxbridge, MA ASSET TYPE: Retail BROKERS: Brad Canova, Robert (Bob) Horvath & Todd Tremblay - Horvath & Tremblay SALE PRICE: $5,602,714 NOTE: Horvath & Tremblay, represented by Bob Horvath, Todd Tremblay, and Brad Canova, successfully completed the sale of a new-construction Big Y World Class Market in Uxbridge for $5,602,714, boasting a cap rate of 5.8%.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$298,811.40

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$19,905.27
Cash-on-Cash Return-1.27%
Monthly Debt Service$26,559.72
Annual Debt Service$318,716.67