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4 Central Square, Bridgewat...

NNN Pro Group Acquires Retail Property In Bridgewater, MA For $11.1M
SOLDRetail

NNN Pro Group Acquires Retail Property In Bridgewater, MA For $11.1M

4 Central Square, Bridgewater, Massachusetts, USA

$11,100,000

$749/SF

Building Size

14,820 SF

Asset Type

Retail

Closing

Jun 16, 2020

AI

An $11,100,000 retail property located at 4 Central Square in Bridgewater, MA was recently sold. The property spans 14,820 square feet, resulting in a price per square foot of $749. The transaction took place on June 16, 2021.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $11,100,000
  • Address: 4 Central Square, Bridgewater, MA
  • Market: Bridgewater, MA
  • Square Footage: 14,820
  • Price per Square Foot: $749

The sale was facilitated by Glen Kunofsky, Josh Kanter, and Anthony D'Ambrosia from NNN Pro Group - Marcus & Millichap.

Players

Josh Kanter

Surmount

Broker

$626.3M

vol

100 deals

Broker
Marcus & Millichap
Marcus & MillichapBrokerage

Bridgewater 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

1.43%

Cash-on-Cash

-0.41%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93