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47 Faunce Corner Mall Road,...

Atlantic Capital Partners Acquires Retail Property In North Dartmouth, MA For $27.4M
SOLDRetail

Atlantic Capital Partners Acquires Retail Property In North Dartmouth, MA For $27.4M

47 Faunce Corner Mall Road, Dartmouth, Massachusetts 02747, United States

$27,375,000

$135/SF

Building Size

201,387 SF

Asset Type

Retail

Closing

Oct 27, 2022

AI

Located at 47-83 Faunce Corner Mall Rd in North Dartmouth, MA, this retail property was recently sold. The transaction took place on October 28, 2022.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $27,375,000
  • Address: 47-83 Faunce Corner Mall Rd, North Dartmouth, MA
  • Market: North Dartmouth, MA
  • Square Footage: 201,387
  • Price per Square Foot: $136

The deal was facilitated by Atlantic Capital Partners, with brokers Justin Smith, Chris Peterson, Sam Koonce, and Cole Van Gelder representing the parties involved.

These key individuals and their agency played a crucial role in the successful completion of the transaction.

Players

Justin Smith

Atlantic Retail

Broker

$627.5M

vol

31 deals

Broker

North Dartmouth 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

0.58%

Cash-on-Cash

-0.17%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93