Updated Oct 29, 2024
410 Forest St Retail Property In Marlborough, MA Sells For $5M By 410 Forest LLC
410 Forest Street, Marlborough, Massachusetts 01752, United States
$5,000,000
$156,250/SF
Building Size
32 SF
Asset Type
Retail
Closing
Dec 29, 2022
About this deal
AI
The retail property located at 410 Forest Street in Marlborough, MA has been sold for $5,000,000. The property spans over 3.8 acres and offers a total of 32,500 square feet of space. The sale price translates to approximately $154 per square foot.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $5,000,000
- Address: 410 Forest Street, Marlborough, MA
- Market: Marlborough, MA
- Seller: 410 Forest LLC
- Size: 32,500 square feet
- Price per Square Foot: $154
The sale of the property was completed on December 29, 2022. The buyers and their representatives were not mentioned in the available information.
Players
Marlborough 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
3.17%
Cash-on-Cash
-0.91%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93