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301 Pond Street

Updated Dec 18, 2024

Shaw's Plaza Retail Center Sold For $21.4 Million In Ashland, MA With Atlantic Capital Partners
SOLDRetail

Shaw's Plaza Retail Center Sold For $21.4 Million In Ashland, MA With Atlantic Capital Partners

301 Pond Street

$21,400,000

$214/SF

Building Size

100,000 SF

Asset Type

Retail

Closing

Dec 18, 2024

About this deal

AI

The property at 301 Pond Street, located in Ashland, MA, is a retail asset characterized by 10 acres of land and a total square footage of 100,000. Recently sold for $21,400,000, this transaction highlights the growing interest in grocery-anchored retail centers as it includes significant amenities for local consumers.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $21,400,000
  • Sale Date: 12/18/2024
  • Address: 301 Pond Street, Ashland, MA
  • Square Footage: 100,000
  • Price Per Square Foot: $214
  • Acres: 10
  • Broker: Atlantic Capital Partners

Atlantic Capital Partners represented both the seller and the buyer in this transaction. The new owner is a real estate firm based in California, signaling an active investment interest in the Ashland market, particularly in retail spaces.

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$21,400,000

$214/SF

Retail

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Ashland Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Deal FAQ

About $214 per square foot on a published $21.4M for 100,000 square feet (2024).

Browse Ashland retail sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.74%

Cash-on-Cash

-0.21%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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