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748 Grand Army of the Repub...

Updated Sep 5, 2024

The NNN Pro Group - Marcus & Millichap Sells Retail Property In Swansea, MA For $1.62M
SOLDRetail

The NNN Pro Group - Marcus & Millichap Sells Retail Property In Swansea, MA For $1.62M

748 Grand Army of the Republic Highway, Swansea, Massachusetts 02777, United States

$1,620,000

$450/SF

Building Size

3,598 SF

Asset Type

Retail

Closing

Jun 5, 2022

About this deal

AI

The retail property located at 748 Grand Army of the Republic Hwy in Swansea, MA has been sold. The property spans a total of 3,598 square feet and was sold for a price of $1,620,000, which calculates to a price per square foot of $450.

Summary of transaction details:

  • Property Type: Retail
  • Sale Price: $1,620,000
  • Square Footage: 3,598
  • Price per Square Foot: $450
  • Date: 06/06/2022
  • Market: Swansea, MA

The sale was facilitated by the broker team of Glen Kunofsky, Josh Kanter, and Anthony D'Ambrosia from The NNN Pro Group, which operates under Marcus & Millichap agency.

Players

Josh Kanter

Surmount

Broker

$626.3M

vol

100 deals

Broker
Marcus & Millichap
Marcus & MillichapBrokerage

Swansea Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Deal FAQ

About $450 per square foot on a published $1.6M for 3,598 square feet (2022).

Visit Glen Kunofsky to view all their deals.

Browse Massachusetts retail sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

9.79%

Cash-on-Cash

-2.80%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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