82 Taunton Depot Drive Retail Property Sold In Taunton, MA For $3M By Joseph French Jr - Marcus & Millichap
SOLD
$3,000,000
Massachusetts
See Similar DealsRetail34,200 SF
Sold 07/29/2022
SOLD
82 Taunton Depot Drive Retail Property Sold In Taunton, MA For $3M By Joseph French Jr - Marcus & Millichap
82 Taunton Depot Drive, Taunton, Massachusetts 02780, United States
See Similar DealsRetail34,200 SF
Sold 07/29/2022
Summary
MASSACHUSETTS
Asset Type:Retail
Price Per Square Foot:$87
Total Square Footage:34,200 SF
Transaction Type:Sale
The retail property located at 82 Taunton Depot Drive in Taunton, MA recently sold for $3,000,000. The transaction took place on 07/29/2022 and was facilitated by Joseph French Jr of Marcus & Millichap. The property spans approximately 34,200 square feet, resulting in a price per square foot of $88.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $3,000,000
- Date: 07/29/2022
- Address: 82 Taunton Depot Drive
- Market: Taunton, MA
- Square Footage: 34,200
- Price per Square Foot: $88
- Broker: Joseph French Jr - Marcus & Millichap
This sale transaction of the retail property at 82 Taunton Depot Drive was successfully completed with the assistance of Joseph French Jr from Marcus & Millichap.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$160,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$10,658.36
Cash-on-Cash Return-1.27%
Monthly Debt Service$14,221.53
Annual Debt Service$170,658.37
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