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74 Main Street, Medway, Mas...

Vaios Theodorakos Acquires Retail Property In Medway, MA For $5.7M
SOLDRetail

Vaios Theodorakos Acquires Retail Property In Medway, MA For $5.7M

74 Main Street, Medway, Massachusetts, USA

$5,725,000

$126/SF

Building Size

45,296 SF

Asset Type

Retail

Closing

Nov 12, 2021

AI

The retail property located at 74 Main Street in Medway, MA was recently sold for a price of $5,725,000. The property spans a total area of 45,296 square feet, resulting in a price per square foot of $126.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $5,725,000
  • Address: 74 Main Street, Medway, MA
  • Market: Medway, MA

Jeremy Cyrier & Taylor Saulnier from MANSARD represented both parties involved in the transaction. The buyer, Vaios Theodorakos, purchased the property from the sellers, Preeti Munjal & Manoj Munjal.

Players

Jeremy Cyrier

Broker

$45.6M

vol

12 deals

Broker
NT
NNM Realty TrustSeller

Medway Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.77%

Cash-on-Cash

-0.79%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93