facebook
Traded Co logo
Submit
Daily limit: 0/10

Horvath & Tremblay Completes $5.35M Sale Of Georgetown CVS Center

Property Image
SOLD
$5,350,000
Spencer Norton
Todd Tremblay
Robert (Bob) Horvath

Massachusetts

See Similar Deals
Retail20,452 SF
Sold 02/09/2024
the dealplayerscompscontact
Property Image
SOLD

Horvath & Tremblay Completes $5.35M Sale Of Georgetown CVS Center

65 Central Street

See Similar Deals
Retail20,452 SF
Sold 02/09/2024
Spencer Norton
Todd Tremblay
Robert (Bob) Horvath
the dealplayerscompscontact
Contact now

Summary

MASSACHUSETTS
Asset Type:Retail
Price Per Square Foot:$261
Total Square Footage:20,452 SF
Transaction Type:Sale

The $5.35 million sale of a CVS Center in Georgetown, MA was completed by Horvath & Tremblay, represented by Spencer Norton. The property encompasses retail space on the first floor and seven residential units on the second floor, totaling 20,452 square feet on a 2.57-acre parcel.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $5,350,000
  • Address: 65 Central Street, Georgetown, MA
  • Market: Georgetown, MA

The deal involved the following individuals and companies:

Players

Robert (Bob) Horvath
Horvath & Tremblay
Robert Horvath
113 deals$561.5M volume
BROKER
Todd Tremblay
Horvath & Tremblay
Todd Tremblay
103 deals$515.2M volume
BROKER
Spencer Norton
Horvath & Tremblay
Spencer Norton
19 deals$78.4M volume
BROKER

Details

SOLD
IMAGE: Robert Horvath, Spencer Norton & Todd Tremblay DATE: 02/09/2024 ADDRESS: 65 Central Street MARKET: Georgetown, MA ASSET TYPE: Retail BROKERS: Robert Horvath, Spencer Norton & Todd Tremblay - Horvath & Tremblay SALE PRICE: $5,350,000 SF: 20,452 ~ PPSF: $262 NOTE: Horvath & Tremblay, represented by Spencer Norton, completed the $5.35 million sale of a CVS Center in Georgetown, MA, with the property encompassing retail space on the first floor and seven residential units on the second floor, totaling 20,452 square feet on a 2.57-acre parcel.

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
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$285,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$19,007.43
Cash-on-Cash Return-1.27%
Monthly Debt Service$25,361.73
Annual Debt Service$304,340.75