Horvath & Tremblay Brokers Facilitate $11M Sale Of Foxborough Retail Property
SOLD
$11,000,000
Massachusetts
See Similar DealsRetail
Sold 11/17/2021
SOLD
Horvath & Tremblay Brokers Facilitate $11M Sale Of Foxborough Retail Property
67 Central Street, Foxborough, Massachusetts 02035, United States
See Similar DealsRetail
Sold 11/17/2021
Summary
MASSACHUSETTS
Asset Type:Retail
Transaction Type:Sale
Located at 67 Central St in Foxborough, MA, this Retail property was recently sold in a closed transaction. The sale took place on November 17, 2021, with Bob Horvath, Todd Tremblay, and Hobart Hare from Horvath & Tremblay acting as the brokers in the deal. The sale price for this property was $11,000,000.
Summary of Transaction Details
- Property Type: Retail
- Transaction Amount: $11,000,000
- Address: 67 Central St, Foxborough, MA
- Market: Foxborough, MA
- Brokers: Bob Horvath, Todd Tremblay & Hobart Hare - Horvath & Tremblay
The deal was facilitated by the experienced team of Bob Horvath, Todd Tremblay, and Hobart Hare from Horvath & Tremblay. Their expertise and knowledge of the market played a crucial role in the successful completion of this transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$586,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$39,080.67
Cash-on-Cash Return-1.27%
Monthly Debt Service$52,145.61
Annual Debt Service$625,747.34
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