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994 Grafton Street

994 Grafton LLC Purchases Retail Building From 994 Grafton Street Realty LLC For $1.4M
SOLDRetail

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

Michael Jacobs

NAI Global

Broker

$10.8M

vol

4 deals

Broker
NAI Global
NAI GlobalBrokerage
NAI Global
NAI GlobalBrokerage

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