Updated Sep 17, 2026
Horvath & Tremblay Represents Seller In $12.3M Sale Of LA Fitness In Saugus, MA
1450 Broadway
$12,300,000
$273/SF
Building Size
45,000 SF
Asset Type
Retail
Closing
Sep 16, 2026
About this deal
AI
The property asset involved in this transaction is a retail space located at 1450 Broadway in Saugus, MA. The transaction concluded with a sale price of $12,300,000, encompassing a total square footage of 45,000, resulting in a price per square foot of $273.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $12,300,000
- Square Footage: 45,000
- Price per Square Foot: $273
- Address: 1450 Broadway
- Market: Saugus, MA
Robert Horvath and Todd Tremblay of Horvath & Tremblay represented the seller in this transaction while also securing the buyer for the LA Fitness property.
Players
Saugus 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
1.29%
Cash-on-Cash
-0.37%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93