SOLDRetail
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
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.
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