Updated Oct 28, 2024
SOLDRetail
Nbp 2 Ward LLC Acquires Retail Property In Revere, MA For $18.4M
5 Ward Street, Revere, Massachusetts, USA
$18,357,800
$151/SF
Building Size
121,232 SF
Asset Type
Retail
Closing
Mar 1, 2021
About this deal
AI
The retail property located at 5 Ward Street in Revere, MA has been sold in a recent transaction. The property spans a total area of 121,232 square feet and was sold at a price of $18,357,800, resulting in a price per square foot of $151.
Summary of Transaction Details:
- Property Type: Retail
- Transaction Amount: $18,357,800
- Square Footage: 121,232
- Price Per Square Foot: $151
- Address: 5 Ward Street, Revere, MA
- Market: Revere, MA
The buyer in this transaction is Nbp 2 Ward LLC.
Players
Revere 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
0.86%
Cash-on-Cash
-0.25%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93