Bill Townsend Acquires Retail Property At 103 Utica Street From Patrick Donegan For $3 Million
103 Utica Street
$3,000,000
$259/SF
Building Size
11,550 SF
Asset Type
Retail
Closing
Mar 27, 2026
About this deal
AI
This retail asset located at 103 Utica Street in Hamilton has been sold for $3,000,000. The property spans 11,550 square feet, resulting in a price per square foot of $259.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $3,000,000
- Buyer: Bill Townsend
- Seller: Patrick Donegan
- Broker: Joel Cukier - Malchus Real Estate
- Square Footage: 11,550
- Price per Square Foot: $259
Joel Cukier from Malchus Real Estate represents the seller Patrick Donegan in this transaction. This sale marks the fifth closing for Kinney Drugs completed by the team, highlighting their experience with the brand and the reliability of the tenant's real estate platform.
On the Map
$3,000,000
$259/SF
Retail
View full map
Hamilton Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Deal FAQ
Visit Joel Cukier to view all their deals.
Browse Hamilton retail sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.29%
Cash-on-Cash
-1.51%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93