Updated Oct 28, 2024
533 West Central LLC Sells Retail Property In Franklin, MA For $2.4M
533 West Central Street, Franklin, Massachusetts 02038, United States
$2,400,000
$918/SF
Building Size
2,613 SF
Asset Type
Retail
Closing
May 15, 2022
About this deal
AI
533 West Central St in Franklin, MA has been sold in a recent transaction. The asset involved in this sale is a retail property. The sale took place on 05/16/2022, and the property is located at the address 533 West Central St in Franklin, MA. The seller of the property is 533 West Central LLC, represented by Robert J. Weeks. The sale price for this retail property was $2,400,000.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $2,400,000
- Transaction Date: 05/16/2022
- Address: 533 West Central St, Franklin, MA
- Seller: 533 West Central LLC - Robert J. Weeks
The deal was facilitated by Robert J. Weeks, who represented 533 West Central LLC. The transaction involved the sale of a retail property located at 533 West Central St in Franklin, MA. This sale represents a significant transaction in the local market.
Players
Franklin 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
6.61%
Cash-on-Cash
-1.89%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93