Updated Sep 9, 2024
Horvath & Tremblay Sell Walgreens Leasehold Interest In Marlborough, MA For $2.8M
525 Boston Post Rd E Marlborough, MA 01752, USA
$2,774,000
Building Size
—
Asset Type
Retail
Closing
Aug 4, 2023
About this deal
AI
The property involved in this transaction is a Walgreens (leasehold interest) located at 525 Boston Post Road East in Marlborough, MA. The sale was completed by Robert Horvath and Todd Tremblay from Horvath & Tremblay. The property was sold for a price of $2,774,000.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $2,774,000
- Address: 525 Boston Post Road East, Marlborough, MA
- Brokers: Robert Horvath & Todd Tremblay - Horvath & Tremblay
- Market: Marlborough, MA
Horvath & Tremblay, represented by Robert Horvath and Todd Tremblay, successfully completed the sale of Walgreens (leasehold interest) at 525 Boston Post Road East for a price of $2,774,000.
Players
Boston 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
5.72%
Cash-on-Cash
-1.63%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93