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100-112 Shoprite Blvd, Napa...

Marcus & Millichap Brokers Sell Retail Property In Ellenville For $8.1M
SOLDRetail

Marcus & Millichap Brokers Sell Retail Property In Ellenville For $8.1M

100-112 Shoprite Blvd, Napanoch, NY, USA

$8,100,000

$143/SF

Building Size

56,555 SF

Asset Type

Retail

Closing

Feb 28, 2021

AI

The retail property located at 100-112 Shoprite Blvd. in Ellenville has been sold for a total price of $8,100,000. The property spans 56,555 square feet, resulting in a price per square foot of $143.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $8,100,000
  • Address: 100-112 Shoprite Blvd., Ellenville
  • Market: Ellenville

The deal was facilitated by brokers Steve Rock, Joseph French, Kodi Traver, and John Krueger, who represented the parties involved in the transaction. They are affiliated with Marcus & Millichap.

Players

Joseph French Jr.

Marcus & Millichap

Broker

$93.1M

vol

12 deals

Broker

Ellenville 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

1.96%

Cash-on-Cash

-0.56%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93