Updated Dec 21, 2023
Franklin Retail Property Sells For $2.08M With Broker Brian Ahrens - Horvath & Tremblay
533 West Central Street, Franklin, MA, USA
$2,086,000
$798/SF
Building Size
2,612 SF
Asset Type
Retail
Closing
Feb 18, 2021
About this deal
AI
The retail property located at 533 W Central Street in Franklin, MA has been sold for a total price of $2,086,000. The transaction took place on February 19, 2021.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $2,086,000
- Address: 533 W Central Street, Franklin, MA
- Market: Franklin, MA
- Square Footage: 2,612
Brian Ahrens from Horvath & Tremblay represented the parties involved in this transaction as the broker.
The retail property has a price per square foot of $799.
The retail sale at 533 West Central Street, Franklin, MA, USA in Franklin, Massachusetts sold for $2.1M in 2021. The building is 2,612 square feet, implying about 798 per square foot on the published price. Brian Ahrens, Horvath & Tremblay appear on the sale alongside Horvath & Tremblay. This page is the Franklin, Massachusetts file for the 533 West Central Street, Franklin, MA, USA retail sold: pricing, party profiles, and other closed retail comps from the same Franklin sit in the Market section below. Filter that Franklin retail set by closing date to see what else sold near 533 West Central Street, Franklin, MA, USA around 2021. Published consideration for 533 West Central Street, Franklin, MA, USA is $2.1M, dated 2021. Cite this Franklin Retail Property Sells For $2.08M With Broker Brian Ahrens - Horvath & Tremblay sale when underwriting similar retail product around Franklin, Massachusetts.
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
7.60%
Cash-on-Cash
-2.17%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93