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82 Taunton Depot Drive, Tau...

82 Taunton Depot Drive Retail Property Sold In Taunton, MA For $3M By Joseph French Jr - Marcus & Millichap
SOLDRetail

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

$3,000,000

$87/SF

Building Size

34,200 SF

Asset Type

Retail

Closing

Jul 28, 2022

AI

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.

Players

Joseph French Jr.

Marcus & Millichap

Broker

$93.1M

vol

12 deals

Broker

Taunton 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

5.29%

Cash-on-Cash

-1.51%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93