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Glen Kunofsky, Josh Kanter & Anthony D'Ambrosia's NNN Pro Group Brokers $3M Retail Sale In Mashpee, MA

Property Image
SOLD
$3,039,215
Josh Kanter
Anthony D'Ambrosia
+ 2

Massachusetts

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Retail4,214 SF
Sold 04/07/2023
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Property Image
SOLD

Glen Kunofsky, Josh Kanter & Anthony D'Ambrosia's NNN Pro Group Brokers $3M Retail Sale In Mashpee, MA

413 Nathan Ellis Highway

See Similar Deals
Retail4,214 SF
Sold 04/07/2023
Josh Kanter
Anthony D'Ambrosia
+ 2
Contact now

Summary

MASSACHUSETTS
Asset Type:Retail
Price Per Square Foot:$721
Total Square Footage:4,214 SF
Transaction Type:Sale

The retail property located at 413 Nathan Ellis Highway in Mashpee, MA has been sold for a price of $3,039,215. The property spans over an area of 4,214 square feet, leading to a price per square foot of $721.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $3,039,215
  • Address: 413 Nathan Ellis Highway, Mashpee, MA
  • Market: Mashpee, MA

The buyer and seller in this transaction were represented by Glen Kunofsky, Josh Kanter, and Anthony D'Ambrosia from NNN Pro Group.

Players

Josh Kanter
100 deals$626.3M volume
BROKER

Anthony D'Ambrosia
Surmount
105 deals$731.2M volume
BROKER

Jim Conviser
Conviser Property Group
4 deals$13.2M volume(617) 839-0456
BROKER

Adam Conviser
Conviser Property Group
3 deals$11.5M volume
BROKER

Details

SOLD
IMAGE: Glen Kunofsky, Josh Kanter & Anthony D'Ambrosia DATE: 04/07/2023 ADDRESS: 413 Nathan Ellis Highway MARKET: Mashpee, MA ASSET TYPE: Retail BUYER & SELLER'S REP: Glen Kunofsky, Josh Kanter (@JKanter29) & Anthony D'Ambrosia - NNN Pro Group (@OfficialNNNPro) SALE PRICE: $3,039,215 SF: 4,214 ~ PPSF: $721

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$162,091.46

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$10,797.70
Cash-on-Cash Return-1.27%
Monthly Debt Service$14,407.43
Annual Debt Service$172,889.16