VTT 46-56 Cedar Street LLC Sells Retail Plaza In Southborough For $1.65 Million With Representation From Garrett Quinn And Joel Aho

A 7,800-square-foot retail plaza located at 3-11 Turnpike Road in Southborough, MA was sold for $1,650,000. The asset features a 95% occupancy rate with six tenants, making it a favorable investment opportunity. The sale was facilitated on Route 9.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $1,650,000
• Square Footage: 7,800
• Price Per Square Foot: $212
• Seller: VTT 46-56 Cedar Street LLC
• Buyer's Representative: Joel Aho - Aho Properties
• Seller's Representative: Garrett Quinn - SVN | Parsons Commercial Group | Boston

SVN | Parsons Commercial Group | Boston successfully brokered the sale, showcasing the high occupancy level of the plaza as a strong indicator of its investment potential. The transaction highlights the role of the representatives in navigating the deal for both the seller and the buyer.