Marcus & Millichap Sells Retail Property In Dartmouth, MA For $3.5M
SOLD
$3,500,000
Massachusetts
See Similar DealsRetail6,447 SF
Sold 12/28/20
SOLD
Marcus & Millichap Sells Retail Property In Dartmouth, MA For $3.5M
85 Faunce Corner Mall Road, Dartmouth, MA, USA
See Similar DealsRetail6,447 SF
Sold 12/28/20
Summary
MASSACHUSETTS
Asset Type:Retail
Price Per Square Foot:$542
Total Square Footage:6,447 SF
Transaction Type:Sale
The retail property located at 85 Faunce Corner Mall Road in Dartmouth, MA has been sold in a closed transaction. The property spans 6,447 square feet and was sold for a price of $3,500,000, resulting in a price per square foot of $542. The transaction was facilitated by L.A. Drinkwater and Seth Richard of Marcus & Millichap.
Summary of Transaction Details
- Property Type: Retail
- Transaction Amount: $3,500,000
- Square Footage: 6,447
- Price per Square Foot: $542
- Address: 85 Faunce Corner Mall Road, Dartmouth, MA
- Market: Dartmouth, MA
L.A. Drinkwater and Seth Richard from Marcus & Millichap played key roles as brokers in facilitating this transaction.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$186,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$12,434.75
Cash-on-Cash Return-1.27%
Monthly Debt Service$16,591.79
Annual Debt Service$199,101.43
Is there something missing? Send suggestions