NNN Pro Group Represents Sale Of Ledgeview Way Shopping Center In Wrentham For $12.25M
Ledgeview Way
$12,250,000
$457/SF
Building Size
26,770 SF
Asset Type
Retail
Closing
Oct 9, 2024
AI
The Ledgeview Way shopping center, located at 5 & 15 Ledgeview Way in Wrentham, MA, has been sold for $12,250,000. The retail property encompasses a total square footage of 26,770, resulting in a price per square foot of $457.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $12,250,000
- Square Footage: 26,770
- Price Per Square Foot: $457
- Address: 5 & 15 Ledgeview Way
- Market: Wrentham, MA
The transaction was facilitated by Glen Kunofsky, Josh Kanter, and Stewart Hickey from NNN Pro Group, along with Anthony D'Ambrosia, representing the broker of record, Bang Realty-New England, Inc.
Players
Wrentham 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