Matthews Real Estate Investment Services Facilitates $5.1M Retail Sale In Wilmington, NC
SOLD
$5,108,140
North Carolina
See Similar DealsRetail
Sold 10/25/2021
SOLD
Matthews Real Estate Investment Services Facilitates $5.1M Retail Sale In Wilmington, NC
7032 Market Street, Wilmington, North Carolina 28411, United States
See Similar DealsRetail
Sold 10/25/2021
Summary
NORTH CAROLINA
Asset Type:Retail
Transaction Type:Sale
The retail property located at 7032 Market St in Wilmington, NC has been sold for a transaction amount of $5,108,140. The sale took place on October 25, 2021.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $5,108,140
- Address: 7032 Market St, Wilmington, NC
- Market: Wilmington, NC
- Brokers: Chris Sands & Chuck Evans - Matthews Real Estate Investment Services
Chris Sands and Chuck Evans from Matthews Real Estate Investment Services represented the parties involved in this retail property sale in Wilmington, NC. They acted as brokers in the transaction.
Players
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
Contact
Get in touch with the broker you want
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)
$272,434.13
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$18,148.15
Cash-on-Cash Return-1.27%
Monthly Debt Service$24,215.19
Annual Debt Service$290,582.28
Is there something missing? Send suggestions