Updated Mar 10, 2025
AlpCentral Acquires Retail Property In Wellesley, MA For $6M
79-93 Central St, Wellesley, Massachusetts, USA
$6,000,000
Building Size
—
Asset Type
Retail
Closing
Aug 31, 2021
About this deal
AI
The retail property located at 79-93 Central St in Wellesley, MA has been sold for $6,000,000. The sale took place on August 31, 2021. The property, owned by STMC LLC, was purchased by AlpCentral. The transaction was facilitated by brokers Marilyn Santiago and Arlon Brown from SVN | Parsons Commercial Group.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $6,000,000
- Address: 79-93 Central St, Wellesley, MA
- Market: Wellesley, MA
Brokers Marilyn Santiago and Arlon Brown from SVN | Parsons Commercial Group represented the buyer, AlpCentral, in the transaction.
On the Map
$6,000,000
Retail
View full map
Players
Wellesley Hills Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Deal FAQ
Browse Wellesley Hills retail sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.64%
Cash-on-Cash
-0.76%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93