SOLDRetail
Horvath & Tremblay Represents $10M Retail Sale In Leominster, MA
35 Central Street
$10,000,000
$674/SF
Building Size
14,820 SF
Asset Type
Retail
Closing
Sep 13, 2022
AI
The retail property located at 35 Central St in Leominster, MA has been sold for a price of $10,000,000. The property spans 14,820 square feet, resulting in a price per square foot of $675.
Summary of transation details
- Property Type: Retail
- Transaction Amount: $10,000,000
- Address: 35 Central St, Leominster, MA
- Market: Leominster, MA
- Square Footage: 14,820 SF
- Price Per Square Foot: $675
The sale of the retail property at 35 Central St was facilitated by brokers Bob Horvath, Todd Tremblay, and Hobie Hare of Horvath & Tremblay.
Players
Leominster 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
1.59%
Cash-on-Cash
-0.45%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93