Surmount Represents Seller And Buyer In $3.94M Retail Sale At 564 Broadway Saugus MA
SOLD
$3,937,500
+ 1
Massachusetts
See Similar DealsRetail6,664 SF
Sold 06/06/2025
SOLD
Surmount Represents Seller And Buyer In $3.94M Retail Sale At 564 Broadway Saugus MA
564 Broadway
See Similar DealsRetail6,664 SF
Sold 06/06/2025
+ 1
Summary
MASSACHUSETTS
Asset Type:Retail
Price Per Square Foot:$590
Total Square Footage:6,664 SF
Transaction Type:Sale
The property asset involved in the transaction is a retail space located at 564 Broadway in Saugus, MA. The sale concluded with a transaction amount of $3,937,500. The property spans a total of 6,664 square feet, translating to a price per square foot of $590.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $3,937,500
- Address: 564 Broadway
- Market: Saugus, MA
- Square Footage: 6,664
- Price Per Square Foot: $590
Surmount, along with their broker of record Bang-New England, Inc, successfully represented both the seller and buyer in this transaction, which involved the Mavis Discount Tire on Route 1 in Saugus, MA.
Players
BROKERAGE
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$210,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$13,989.11
Cash-on-Cash Return-1.27%
Monthly Debt Service$18,665.76
Annual Debt Service$223,989.11
Is there something missing? Send suggestions