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884 Washington Street

Columbus Cleaners Acquires Retail Asset At 884 Washington Street Braintree For $2.55M
SOLDRetail

Columbus Cleaners Acquires Retail Asset At 884 Washington Street Braintree For $2.55M

884 Washington Street

$2,550,000

$441/SF

Building Size

5,771 SF

Asset Type

Retail

Closing

Jun 8, 2026

AI

This transaction involved a retail asset located at 884 Washington Street in Braintree, MA. The property was sold for $2,550,000 and comprises 5,771 square feet, translating to a price per square foot of $441. It was previously occupied by CVS.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $2,550,000
  • Address: 884 Washington Street
  • Market: Braintree, MA
  • Square Footage: 5,771
  • Price Per Square Foot: $441
  • Buyer: Columbus Cleaners
  • Seller: Grossman Companies
  • Seller's Representative: Dodge Tucker, Leroy Wallace, Cohan Drainville, Teresa Venuti & Evan Nolan - Tucker Real Estate

Tucker Real Estate Advisors represented Grossman Companies in this transaction, facilitating the disposition of the retail asset located at 884 Washington Street, Braintree, MA.

Players

Leroy Wallace

Tucker Real Estate

Broker

$8.7M

vol

3 deals

Broker
TE
Tucker Real EstateBrokerage

Market Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

6.22%

Cash-on-Cash

-1.78%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93