Transom Real Estate Purchases Retail Property At 37 Enon Street Beverly For $8.5M
37 Enon Street
$8,500,000
$140/SF
Building Size
60,666 SF
Asset Type
Retail
Closing
Jun 26, 2026
AI
A retail property located at 37 Enon Street in Beverly, MA has been sold for $8,500,000. The asset encompasses a total square footage of 60,666, equating to a price per square foot of $140.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $8,500,000
- Address: 37 Enon Street
- Market: Beverly, MA
- Buyer: Transom Real Estate, Beverly TRE LLC
- Seller: Dudley Miller
- Brokers: Alex Quinn, Zach Nitsche, Sam Wiesman & Joseph Marinaro - JLL
The transaction involved JLL Capital Markets, which arranged the sale and represented the seller, Dudley Miller, Trustee of Enon Street Realty Trust, while successfully sourcing the buyer, Transom Real Estate, Beverly TRE LLC.
Players
Bonham 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
1.87%
Cash-on-Cash
-0.53%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93