Updated Sep 5, 2024
NNN Pro Group Acquires Retail Property In Holbrook, MA For $9.1M
788-800 South Franklin Street, Holbrook, Massachusetts, USA
$9,100,000
$178/SF
Building Size
51,128 SF
Asset Type
Retail
Closing
Oct 27, 2021
About this deal
AI
The retail property located at 788-800 South Franklin Street in Holbrook, MA has been sold for $9,100,000. The property spans a total of 51,128 square feet, resulting in a price per square foot of $178. The transaction took place on October 27, 2021.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $9,100,000
- Address: 788-800 South Franklin Street, Holbrook, MA
- Square Footage: 51,128
- Price Per Square Foot: $178
- Market: Holbrook, MA
The deal was facilitated by Glen Kunofsky, Josh Kanter, and Anthony D'Ambrosia, who represented the buyer and seller in the transaction. They are brokers from NNN Pro Group - Marcus & Millichap.
Players
Holbrook 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
1.74%
Cash-on-Cash
-0.50%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93