Horvath & Tremblay Sell Citizens Bank In Foxborough MA For $2.375M After Lease Secured
4 Cocasset Street
$2,375,000
Building Size
—
Asset Type
Retail
Closing
Nov 3, 2025
AI
The property asset involved in this transaction is a retail space located at 4 Cocasset Street in Foxborough, MA. It was sold for a total of $2,375,000. The transaction highlights the market dynamics of the retail sector in this specific area.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $2,375,000
- Address: 4 Cocasset Street
- Market: Foxborough, MA
Key individuals involved in the deal include Robert Horvath, Todd Tremblay, Jack Laurendeau, and Matt Siebert, who represented the broker agency Horvath & Tremblay. Notably, this sale was facilitated after the brokers secured a new 10-year lease for Citizens Bank, which consolidated two former branch locations.
Players
Foxboro 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
6.68%
Cash-on-Cash
-1.91%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93