Updated Jun 18, 2025
Dunkin' Donuts Acquires Mixed-Use Property From Shirt Corner For $1.1M In Philadelphia
302 Market Street
$1,100,000
$387/SF
Building Size
2,840 SF
Asset Type
Mixed-use
Closing
Jun 15, 2025
About this deal
AI
This mixed-use asset located at 302 Market Street in Philadelphia has been sold for $1,100,000. The property spans 2,840 square feet, translating to a price per square foot of $387.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $1,100,000
- Buyer: Dunkin' Donuts
- Seller: Shirt Corner
- Broker: Billy Creagh - National Realty Commercial
In this transaction, Dunkin' Donuts acquired the property, represented by Billy Creagh of National Realty Commercial. The seller, Shirt Corner, successfully completed the sale, facilitating the transfer of ownership in the Philadelphia market.
On the Map
$1,100,000
$387/SF
Mixed-use
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Players
Philadelphia Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
14.42%
Cash-on-Cash
-4.12%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93