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151 Main St, Weymouth, Ma 0...

D&D Properties LLC Acquires Retail Property In Weymouth, MA For $1.8M
SOLDRetail

D&D Properties LLC Acquires Retail Property In Weymouth, MA For $1.8M

151 Main St, Weymouth, Ma 02188, Usa

$1,800,000

$22/SF

Building Size

80,000 SF

Asset Type

Retail

Closing

Aug 27, 2020

AI

The property at 151 Main Street in Weymouth, MA has been sold for $1,800,000. This retail asset spans across 8,000 square feet, resulting in a price per square foot of $225.

Summary of transaction details:

  • Property Type: Retail
  • Sale Price: $1,800,000
  • Square Footage: 8,000
  • Price per Square Foot: $225
  • Address: 151 Main Street, Weymouth, MA
  • Market: Weymouth, MA

The seller of the property was Catania Hospitality Group, while D&D Properties LLC acted as the buyer. The seller was represented by Richard Catania from The Realty Advisory in Centerville. The buyer was represented by Adam Bauer from Ellis Realty Advisors & The Business [...].

Players

Richard Catania

Broker

$1.8M

vol

1 deal

Broker
PL
Properties LLCBuyer

Weymouth 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

8.81%

Cash-on-Cash

-2.52%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93