facebook
Traded Co logo
Submit

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

Property Image
SOLD
$15,950,000
Sam Koonce
Molly Lynch
+ 2

Massachusetts

See Similar Deals
Retail24,455 SF
Sold 12/24/2021
the dealplayerscompscontact
Property Image
SOLD

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

Commerce Way, Plymouth, Massachusetts 02360, United States

See Similar Deals
Retail24,455 SF
Sold 12/24/2021
Sam Koonce
Molly Lynch
+ 2
Contact now

Summary

MASSACHUSETTS
Asset Type:Retail
Price Per Square Foot:$652
Total Square Footage:24,455 SF
Transaction Type:Sale

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
29 deals$541.7M volume
BROKER

Chris Peterson
Atlantic Retail
29 deals$469M volume
BROKER

Sam Koonce
Atlantic Retail
27 deals$447M volume
BROKER

Molly Lynch
Atlantic Retail
6 deals$94.9M volume
BROKER

Jim Bagley
Atlantic Retail
1 deal$16M volume
BROKER

SELLER

Details

SOLD
IMAGE: Justin Smith, Sam Koonce, Chris Peterson, Molly Lynch & Jim Bagley DATE: 12/24/2021 ADDRESS: Commerce Way MARKET: Plymouth, MA ASSET TYPE: Retail SELLER: Saxon Partners BROKER: Justin Smith, Chris Peterson, Sam Koonce, Molly Lynch & Jim Bagley - Atlantic Capital Partners SALE PRICE: $15,950,000 SF: 24,455 ~ PPSF: $652

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$850,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$56,666.98
Cash-on-Cash Return-1.27%
Monthly Debt Service$75,611.14
Annual Debt Service$907,333.65