Updated Dec 21, 2023
Marcus & Millichap Sells Watertown Retail Property For $16.15M With Seller's Rep Kevin Held
655 Mt Auburn St, Watertown, MA 02472, USA
$16,150,000
$1,251/SF
Building Size
12,906 SF
Asset Type
Retail
Closing
Sep 23, 2022
About this deal
AI
Located at 655 Mt Auburn St in Watertown, MA, this retail property was recently sold in a closed transaction. The property spans 12,906 square feet and was sold for a total price of $16,150,000, equating to a price per square foot of $1,251.
Summary of transaction details:
- Property Type: Retail
- Sale Price: $16,150,000
- Square Footage: 12,906
- Price per Square Foot: $1,251
- Address: 655 Mt Auburn St, Watertown, MA
- Market: Watertown, MA
The buyer's representatives in this deal were Glen Kunofsky, Josh Kanter, and Anthony D'Ambrosia from The NNN Pro Group of Marcus & Millichap. On the other hand, Kevin Held represented the seller as part of SRS.
Players
Watertown Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Deal FAQ
Browse Massachusetts retail sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.98%
Cash-on-Cash
-0.28%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93