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371 Lowell Avenue, Haverhil...

Updated Sep 5, 2024

Glen Kunofsky, Anthony D'Ambrosia & Josh Kanter Sell Retail Property In Haverhill, MA For $4.6M
SOLDRetail

Glen Kunofsky, Anthony D'Ambrosia & Josh Kanter Sell Retail Property In Haverhill, MA For $4.6M

371 Lowell Avenue, Haverhill, MA 01832, USA

$4,600,000

$230/SF

Building Size

20,000 SF

Asset Type

Retail

Closing

Nov 5, 2021

About this deal

AI

A retail property located at 371 Lowell Ave in Haverhill, MA has been sold for $4,600,000. The property spans 20,000 square feet, resulting in a price per square foot of $230.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $4,600,000
  • Address: 371 Lowell Ave, Haverhill, MA
  • Market: Haverhill, MA
  • Square Footage: 20,000

The sale was facilitated by Glen Kunofsky, Josh Kanter, and Anthony D'Ambrosia of NNN Pro Group.

The retail sale at 371 Lowell Avenue, Haverhill, MA 01832, USA in Haverhill, Massachusetts sold for $4.6M in 2021. The building is 20,000 square feet, implying about 230 per square foot on the published price. Glen Kunofsky, Josh Kanter, Anthony D'Ambrosia, Marcus & Millichap appear on the sale alongside Marcus & Millichap, NNN Pro Group. This page is the Haverhill, Massachusetts file for the 371 Lowell Avenue, Haverhill, MA 01832, USA retail sold: pricing, party profiles, and other closed retail comps from the same Haverhill sit in the Market section below. Filter that Haverhill retail set by closing date to see what else sold near 371 Lowell Avenue, Haverhill, MA 01832, USA around 2021. Published consideration for 371 Lowell Avenue, Haverhill, MA 01832, USA is $4.6M, dated 2021. Cite this Glen Kunofsky, Anthony D'Ambrosia & Josh Kanter Sell Retail Property In Haverhill, MA For $4.6M sale when underwriting similar retail product around Haverhill, Massachusetts.

Players

Josh Kanter

Surmount

Broker

$626.3M

vol

100 deals

Broker
Marcus & Millichap
Marcus & MillichapBrokerage

Haverhill Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Deal FAQ

About $230 per square foot on a published $4.6M for 20,000 square feet (2021).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

3.45%

Cash-on-Cash

-0.99%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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