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834 Crescent Street

Updated Dec 4, 2024

SBA Investments Acquires Retail Property On Crescent Street, Brockton, MA For $1.32M
SOLDRetail

SBA Investments Acquires Retail Property On Crescent Street, Brockton, MA For $1.32M

834 Crescent Street

$1,323,000

$92/SF

Building Size

14,300 SF

Asset Type

Retail

Closing

Oct 6, 2023

About this deal

AI

Located at 834 Crescent Street in Brockton, MA, this retail property was recently sold in a transaction facilitated by Ally Pellegrini and Shawn Moloney of Movementum Realty. The property spans 14,300 square feet and was sold for a price of $1,323,000, resulting in a price per square foot of $93.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $1,323,000
  • Address: 834 Crescent Street, Brockton, MA
  • Market: Brockton, MA

The buyer of the property was SBA Investments, represented by Mohammed Mushtaq, while the seller was Crescent St Realty, represented by Mary Lambert. The deal was successfully brokered by Ally Pellegrini and Shawn Moloney of Movementum Realty.

Players

Alexandria Pellegrini

Movementum Realty

Broker

$1.3M

vol

1 deal

Broker

Brockton Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Deal FAQ

About $92 per square foot on a published $1.3M for 14,300 square feet (2023).

Visit Movementum Realty to view all their deals.

Browse Brockton retail sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

11.99%

Cash-on-Cash

-3.43%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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