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99 Belmont Street, South Ea...

Updated Oct 28, 2024

Store Capital Acquires Retail Property In South Easton, MA For $2.7M
SOLDRetail

Store Capital Acquires Retail Property In South Easton, MA For $2.7M

99 Belmont Street, South Easton, Massachusetts 02375, United States

$2,745,468

Building Size

Asset Type

Retail

Closing

May 12, 2022

About this deal

AI

The property involved in this closed transaction is a retail asset located at 99 Belmont St in South Easton, MA. The property was sold on 05/13/2022.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $2,745,468
  • Address: 99 Belmont St
  • Market: South Easton, MA

The buyer in this transaction is Store Capital, while the seller is Restaurant Growth Services LLC, represented by Craig Barber.

The retail sale at 99 Belmont Street, South Easton, Massachusetts 02375, United States in South Easton, Massachusetts sold for $2.7M in 2022. 99 Belmont Street, South Easton, Massachusetts 02375, United States is classified as Retail on Traded. Named participants on the 99 Belmont Street, South Easton, Massachusetts 02375, United States sale are Craig Barber. This page is the South Easton, Massachusetts file for the 99 Belmont Street, South Easton, Massachusetts 02375, United States retail sold: pricing, party profiles, and other closed retail comps from the same South Easton sit in the Market section below. Filter that South Easton retail set by closing date to see what else sold near 99 Belmont Street, South Easton, Massachusetts 02375, United States around 2022. Published consideration for 99 Belmont Street, South Easton, Massachusetts 02375, United States is $2.7M, dated 2022. Cite this Store Capital Acquires Retail Property In South Easton, MA For $2.7M sale when underwriting similar retail product around South Easton, Massachusetts.

Players

Store Capital
Store CapitalBuyer

Craig Barber

Restaurant Growth Services LLC

Seller

$22.4M

vol

6 deals

Seller

South Easton 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

5.78%

Cash-on-Cash

-1.65%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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