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291 Mishawum Road, Woburn, ...

Updated Sep 5, 2024

The NNN Pro Group Brokers Facilitate $2.3M Retail Property Sale In Woburn, MA
SOLDRetail

The NNN Pro Group Brokers Facilitate $2.3M Retail Property Sale In Woburn, MA

291 Mishawum Road, Woburn, MA 01801

$2,300,000

$533/SF

Building Size

4,313 SF

Asset Type

Retail

Closing

Feb 1, 2022

About this deal

AI

A retail property located at 291 Mishawum Rd in Woburn, MA has been sold for a price of $2,300,000. The property spans across 4,313 square feet, resulting in a price per square foot of $533.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $2,300,000
  • Address: 291 Mishawum Rd, Woburn, MA
  • Market: Woburn, MA
  • Brokers: Glen Kunofsky - The NNN Pro Group, Josh Kanter - The NNN Pro Group, Anthony D'Ambrosia - The NNN Pro Group

The deal was facilitated by Glen Kunofsky, Josh Kanter, and Anthony D'Ambrosia, who represented the buyer and seller in the transaction.

Players

Josh Kanter

Surmount

Broker

$626.3M

vol

100 deals

Broker
Marcus & Millichap
Marcus & MillichapBrokerage

Woburn Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Deal FAQ

About $533 per square foot on a published $2.3M for 4,313 square feet (2022).

Visit Glen Kunofsky to view all their deals.

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

6.90%

Cash-on-Cash

-1.97%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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