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Commerce Way, Plymouth, Mas...

Atlantic Capital Partners Facilitates $15.9M Retail Property Sale In Plymouth, MA
SOLDRetail

Atlantic Capital Partners Facilitates $15.9M Retail Property Sale In Plymouth, MA

Commerce Way, Plymouth, Massachusetts 02360, United States

$15,950,000

$652/SF

Building Size

24,455 SF

Asset Type

Retail

Closing

Dec 24, 2021

AI

The retail property located at Commerce Way in Plymouth, MA was recently sold for $15,950,000. The sale transaction was completed on 12/24/2021.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $15,950,000
  • Address: Commerce Way, Plymouth, MA
  • Market: Plymouth, MA
  • Square Footage: 24,455
  • Price per Square Foot: $652

The seller of the property was Saxon Partners. The sale was facilitated by Justin Smith, Chris Peterson, Sam Koonce, Molly Lynch, and Jim Bagley from Atlantic Capital Partners. They represented the seller in the transaction.

Players

Justin Smith

Atlantic Retail

Broker

$627.5M

vol

31 deals

Broker
SP
Saxon PartnersSeller

Plymouth 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

0.99%

Cash-on-Cash

-0.28%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93