Horvath & Tremblay Broker $8.3M Retail Acquisition In Dudley, MA
25-29 W Main St, Dudley, Massachusetts, USA
$8,300,000
$742/SF
Building Size
11,186 SF
Asset Type
Retail
Closing
Jul 30, 2020
AI
A retail property located at 25-29 West Main St. in Dudley, MA was recently sold for a price of $8,300,000. The property spans an area of 11,186 square feet and has a price per square foot of $742. The transaction also included 1.75 acres of land with a price per acre of $4,742,857.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $8,300,000
- Square Footage: 11,186
- Price per Square Foot: $742
- Address: 25-29 West Main St., Dudley, MA
- Market: Dudley, MA
- Acres: 1.75
- Price per Acre: $4,742,857
The sale of this retail property was facilitated by brokers Bob Horvath, Todd Tremblay, and Hobart Hare from Horvath & Tremblay.
Players
Dudley Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.91%
Cash-on-Cash
-0.55%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93