George Kalas Acquires Retail Property At 1204 Route 130 N Burlington For $1.995M
1204 Route 130 N
$1,995,000
$133/SF
Building Size
15,000 SF
Asset Type
Retail
Closing
Dec 30, 2025
AI
The retail property located at 1204 Route 130 N in Burlington was sold for $1,995,000. The asset encompasses a total square footage of 15,000, translating to a price per square foot of $133.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $1,995,000
- Address: 1204 Route 130 N
- Market: Burlington
- Square Footage: 15,000
- Price Per Square Foot: $133
- Buyer: George Kalas
- Brokers: David Townes & Alana Friedman - JLL
The transaction involved broker representatives David Townes and Alana Friedman, who facilitated the deal on behalf of the buyer, George Kalas. Their representation was instrumental in completing the transaction within the specified parameters.
Players
Burlington Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.95%
Cash-on-Cash
-2.27%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93