Vaios Theodorakos Acquires Retail Property In Medway, MA For $5.7M
SOLD
$5,725,000
Massachusetts
See Similar DealsRetail45,296 SF
Sold 11/12/2021
SOLD
Vaios Theodorakos Acquires Retail Property In Medway, MA For $5.7M
74 Main Street, Medway, Massachusetts, USA
See Similar DealsRetail45,296 SF
Sold 11/12/2021
Summary
MASSACHUSETTS
Asset Type:Retail
Price Per Square Foot:$126
Total Square Footage:45,296 SF
Transaction Type:Sale
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
SELLER
SELLER
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$305,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$20,339.72
Cash-on-Cash Return-1.27%
Monthly Debt Service$27,139.42
Annual Debt Service$325,673.05
Is there something missing? Send suggestions