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
Market 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
6.22%
Cash-on-Cash
-1.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93