Retail Property Sells For $5.2 Million In Quincy, MA With Brokers Justin Smith, Danielle Turpin & Matt Ericson
625 Southern Artery
$5,200,000
$235/SF
Building Size
22,100 SF
Asset Type
Retail
Closing
Apr 30, 2026
AI
This article discusses the sale of a fully leased retail property located at 625 Southern Artery in Quincy, MA. The asset spans 1.7 acres and has a total square footage of 22,100. The sale price reached $5,200,000, translating to a price per square foot of $235.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $5,200,000
- Address: 625 Southern Artery
- Market: Quincy, MA
- Acres: 1.7
- Square Footage: 22,100
- Price per Square Foot: $235
Atlantic Capital Partners facilitated the transaction, where brokers Justin Smith, Danielle Turpin, and Matt Ericson represented the seller. The buyer remains undisclosed.
Players
Quincy Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.05%
Cash-on-Cash
-0.87%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93