Daily limit: 0/10
Marc 1 Holdings LLC Acquires Anoka Retail Property From MNS Anoka For $5.9M
SOLD
$5,936,259
Minnesota
See Similar DealsRetail
Sold 05/10/2024
SOLD
Marc 1 Holdings LLC Acquires Anoka Retail Property From MNS Anoka For $5.9M
637 Greenhaven Road
See Similar DealsRetail
Sold 05/10/2024
Summary
MINNESOTA
Asset Type:Retail
Transaction Type:Sale
The property involved in the transaction is a retail asset located at 637 Greenhaven Road in Anoka, Minnesota. The sale price for this property was $5,936,259.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $5,936,259
- Location: Anoka, Minnesota
- Size: 1 Acre
Marc 1 Holdings LLC acquired the property from MNS Anoka in a strategic move. The sale was facilitated by Midwest Fidelity Partners and marks Silverstar Car Wash's expansion into Minnesota under Mammoth Holdings.
Details
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
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
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$316,600.50
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$21,090.26
Cash-on-Cash Return-1.27%
Monthly Debt Service$28,140.90
Annual Debt Service$337,690.75
Is there something missing? Send suggestions