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William Marsh Holdings LLC Acquires Retail Building In Framingham, MA For $7.35M

Property Image
SOLD
$7,350,000
Leigh Freudenheim
Cindy Laughrea

Massachusetts

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Retail31,199 SF
Sold 01/31/2024
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Property Image
SOLD

William Marsh Holdings LLC Acquires Retail Building In Framingham, MA For $7.35M

280 Worcester Road

See Similar Deals
Retail31,199 SF
Sold 01/31/2024
Leigh Freudenheim
Cindy Laughrea
the dealplayerscompscontact
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Summary

MASSACHUSETTS
Asset Type:Retail
Price Per Square Foot:$235
Total Square Footage:31,199 SF
Transaction Type:Sale

Freudenheim Partners has sold a 31,199-square-foot single-story retail building at 280 Worcester Road in Framingham, MA, for $7.35 million. The property is located in the retail market of Framingham, MA. It was sold by Bosse Framingham Turf LLC to William Marsh Holdings LLC.

Summary of transaction details

Cindy Laughrea from Engel & Völkers represented the buyer, William Marsh Holdings LLC, in this transaction. Leigh Freudenheim from Freudenheim Partners represented the seller, Bosse Framingham Turf LLC.

Players

Leigh Freudenheim
Freudenheim Partners
Leigh Freudenheim
6 deals$39.1M volume
BROKER
Cindy Laughrea
Engel & Völkers
Cindy Laughrea
1 deal$7.4M volume(617) 610-3678
BROKER

Details

SOLD
IMAGE: Cindy Laughrea & Leigh Freudenheim DATE: 01/31/2024 ADDRESS: 280 Worcester Road MARKET: Framingham, MA ASSET TYPE: Retail BUYER: William Marsh Holdings LLC SELLER: Bosse Framingham Turf LLC BUYER'S REP: Cindy Laughrea (@CindyIsYourRealtor) - Engel & Völkers (@EngelVoelkers.Global) SELLER'S REP: Leigh Freudenheim - Freudenheim Partners SALE PRICE: $7,350,000 SF: 31,199 ~ PPSF: $236 NOTE: Freudenheim Partners has sold a 31,199-square-foot single-story retail building at 280 Worcester Road in Framingham, MA, for $7.35 million. ölkers

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

$391,999.99

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$26,113.00
Cash-on-Cash Return-1.27%
Monthly Debt Service$34,842.75
Annual Debt Service$418,113.00