994 Grafton LLC Purchases Retail Building From 994 Grafton Street Realty LLC For $1.4M
994 Grafton Street
$1,400,000
$164/SF
Building Size
8,500 SF
Asset Type
Retail
Closing
Jun 27, 2025
AI
The transaction involved the sale of an 8,500 square foot retail building located at 994 Grafton Street, Worcester, MA, for a total price of $1,400,000. The property was sold by 994 Grafton Street Realty LLC to 994 Grafton LLC.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $1,400,000
- Address: 994 Grafton Street
- Market: Worcester, MA
- Square Footage: 8,500
- Price Per Square Foot: $165
- Buyer: 994 Grafton LLC
- Seller: 994 Grafton Street Realty LLC
- brokers: Cody Miner, James Glickman, Jonah Glickman & Michael Jacobs - NAI Global
NAI Glickman Kovago & Jacobs facilitated the transaction, indicating active investor interest in the retail property market within the Worcester area.
Players
Worcester 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
11.33%
Cash-on-Cash
-3.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93