Updated Oct 28, 2024
The Grossman Companies Acquires Retail Property In Dedham, MA For $13.3M
840 Providence Highway, Dedham, Massachusetts 02026, United States
$13,300,000
Building Size
—
Asset Type
Retail
Closing
Aug 25, 2022
About this deal
AI
A retail property located at 840 Providence Hwy in Dedham, MA has been sold for a price of $13,300,000.
Summary of transaction details:
- Property Type: Retail
- Date: 08/26/2022
- Address: 840 Providence Hwy, Dedham, MA
- Market: Dedham, MA
- Asset Type: Retail
- Acreage: 1.2 acres
The buyer of the property is The Grossman Companies, represented by Jake Grossman. The seller is an affiliate of the Owen Family. The transaction was facilitated by Dan Waldman from Waldman & Associate as the broker.
Note: Image taken by Dan Waldman.
On the Map
$13,300,000
Retail
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Players
Dedham 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
1.19%
Cash-on-Cash
-0.34%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93