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Horvath & Tremblay Represents Buyer And Seller In Dunkin’ Plaza Sale For $3,334,500 In Saugus MA
SOLD
$3,334,500
Massachusetts
See Similar DealsRetail16,646 SF
Sold 10/25/2024
SOLD
Horvath & Tremblay Represents Buyer And Seller In Dunkin’ Plaza Sale For $3,334,500 In Saugus MA
508 Lincoln Avenue & 530 Lincoln Avenue
See Similar DealsRetail16,646 SF
Sold 10/25/2024
Summary
MASSACHUSETTS
Asset Type:Retail
Price Per Square Foot:$200
Total Square Footage:16,646 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$177,840.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$11,846.77
Cash-on-Cash Return-1.27%
Monthly Debt Service$15,807.23
Annual Debt Service$189,686.77
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