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Horvath & Tremblay Complete Sale Of New-Construction Big Y World Class Market In Uxbridge For $5.6M
SOLD
Massachusetts
See Similar DealsRetail
Sold 10/27/2023
SOLD
Horvath & Tremblay Complete Sale Of New-Construction Big Y World Class Market In Uxbridge For $5.6M
242 South Main Street
See Similar DealsRetail
Sold 10/27/2023
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.
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Deal Type
30 years
10 years
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
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