William Marsh Holdings LLC Acquires Retail Building In Framingham, MA For $7.35M
280 Worcester Road
$7,350,000
$235/SF
Building Size
31,199 SF
Asset Type
Retail
Closing
Jan 31, 2024
AI
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
- Property Type: Retail
- Transaction Amount: $7,350,000
- Address: 280 Worcester Road, Framingham, MA
- Market: Framingham, MA
- Buyer: William Marsh Holdings LLC
- Seller: Bosse Framingham Turf LLC
- Buyer's Representative: Cindy Laughrea - Engel & Völkers
- Seller's Representative: Leigh Freudenheim - Freudenheim Partners
- SF: 31,199
- Price Per Square Foot: $236
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
Framingham 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
2.16%
Cash-on-Cash
-0.62%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93