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670 High St, Westwood, MA 0...

Updated Dec 20, 2023

Retail Property In Westwood, MA Sells For $1.32M With Bob Horvath & Todd Tremblay As Brokers
SOLDRetail

Retail Property In Westwood, MA Sells For $1.32M With Bob Horvath & Todd Tremblay As Brokers

670 High St, Westwood, MA 02090, USA

$1,320,000

$18/SF

Building Size

73,030 SF

Asset Type

Retail

Closing

Sep 17, 2020

About this deal

AI

The retail property located at 670 High Street in Westwood, MA has been sold for a total price of $1,320,000. This property spans across 7,303 square feet, resulting in a price per square foot of $181. The transaction took place on September 18, 2020, and the property had a capitalization rate of 5.23%. The sale was facilitated by Bob Horvath and Todd Tremblay from Horvath & Tremblay brokerage.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $1,320,000
  • Square Footage: 7,303
  • Price per Square Foot: $181
  • Cap Rate: 5.23%
  • Address: 670 High Street, Westwood, MA
  • Market: Westwood, MA

The sale of the retail property at 670 High Street was successfully executed by Bob Horvath and Todd Tremblay, who are representatives from the Horvath & Tremblay brokerage agency. Their expertise and professionalism in handling the transaction played a crucial role in the deal's smooth completion.

Players

Robert Horvath

Horvath & Tremblay

Broker

$614.5M

vol

118 deals

Broker

Westwood Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Deal FAQ

About $18 per square foot on a published $1.3M for 73,030 square feet (2020).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

12.02%

Cash-on-Cash

-3.43%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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