Horvath & Tremblay Represents Buyer And Seller In Dunkin’ Plaza Sale For $3,334,500 In Saugus MA
508 Lincoln Avenue & 530 Lincoln Avenue
$3,334,500
$200/SF
Building Size
16,646 SF
Asset Type
Retail
Closing
Oct 25, 2024
AI
The retail asset located at 508-530 Lincoln Avenue in Saugus, MA was sold for $3,334,500. The property comprises a total of 8,323 square feet, translating to a price per square foot of $401.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $3,334,500
- Square Footage: 8,323
- Price per Square Foot: $401
- Address: 508-530 Lincoln Avenue
- Market: Saugus, MA
Horvath & Tremblay represented both the seller and the buyer in this transaction, with the involved brokers being Bob Horvath, Brian Ahrens, Jack Laurendeau, and Todd Tremblay.
Players
Saugus 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
4.76%
Cash-on-Cash
-1.36%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93