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
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