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Horvath & Tremblay Represents Sale Of CVS In North Easton For $4.66M
SOLD
Massachusetts
See Similar DealsRetail
Sold 11/24/2025
SOLD
Horvath & Tremblay Represents Sale Of CVS In North Easton For $4.66M
689 Depot Street
See Similar DealsRetail
Sold 11/24/2025
Summary
MASSACHUSETTS
Asset Type:Retail
Transaction Type:Sale
The retail asset involved in this transaction is located at 689 Depot Street, North Easton, MA. The sale price was $4,656,900, and it involves a long-standing CVS. The tenant has recently executed a 10-year lease extension, ensuring a stable tenancy for the property.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $4,656,900
- Address: 689 Depot Street
- Market: North Easton, MA
- Tenant: CVS
- Lease Duration: 10-year lease extension
Robert Horvath and Todd Tremblay from Horvath & Tremblay represented the seller in this transaction, facilitating the sale and providing their expertise in retail property deals.
Players
BROKERAGE
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$248,368.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$16,544.98
Cash-on-Cash Return-1.27%
Monthly Debt Service$22,076.08
Annual Debt Service$264,912.98
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