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Braunfels II LLC Sells Filho's Restaurant For $1.125M In Acton, MA With Eric O'Brien - O'Brien Commercial Properties As The Broker
SOLD
$1,125,000
Massachusetts
See Similar DealsRetail3,500 SF
Sold 01/11/2024
SOLD
Braunfels II LLC Sells Filho's Restaurant For $1.125M In Acton, MA With Eric O'Brien - O'Brien Commercial Properties As The Broker
59 Great Road
See Similar DealsRetail3,500 SF
Sold 01/11/2024
Summary
MASSACHUSETTS
Asset Type:Retail
Price Per Square Foot:$321
Total Square Footage:3,500 SF
Transaction Type:Sale
Braunfels II LLC has sold Filho’s Restaurant and its 3,500 square feet building located at 59 Great Rd in Acton, MA. The transaction was facilitated by Eric O’Brien of O’Brien Commercial Properties Inc. The property was sold for a price of $1.125 million.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $1,125,000
- Square Footage: 3,500
- Price Per Square Foot: $321
- Address: 59 Great Road, Acton, MA
- Market: Acton, MA
Eric O’Brien of O’Brien Commercial Properties Inc represented Braunfels II LLC in the sale of Filho’s Restaurant in Acton, MA.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$60,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,996.89
Cash-on-Cash Return-1.27%
Monthly Debt Service$5,333.07
Annual Debt Service$63,996.89
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