Marcus & Millichap Sells Retail Property In Dartmouth, MA For $3.5M
85 Faunce Corner Mall Road, Dartmouth, MA, USA
$3,500,000
$542/SF
Building Size
6,447 SF
Asset Type
Retail
Closing
Dec 28, 1920
AI
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
North Dartmouth 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
4.53%
Cash-on-Cash
-1.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93