Legacy Automotive Capital, LLC Acquires Retail Property In Bennington, VT For $10M
527 North Bennington Road, Bennington, Vermont 05201, United States
$10,000,000
$494/SF
Building Size
20,219 SF
Asset Type
Retail
Closing
Oct 31, 2022
About this deal
AI
A retail property located at 527 North Bennington Road in Bennington, VT has been sold for a total of $10,000,000. The property spans across 20,219 square feet, with a price per square foot of $495. The transaction took place on the 11th of January 2022.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $10,000,000
- Square Footage: 20,219
- Price per Square Foot: $495
- Address: 527 North Bennington Road, Bennington, VT
- Market: Bennington, VT
The buyer of the property is Legacy Automotive Capital, LLC, while the seller is 527 North LLC. The deal was facilitated by Karly Iacono from CBRE.
On the Map
$10,000,000
$494/SF
Retail
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Players
Bennington 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
1.59%
Cash-on-Cash
-0.45%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93