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
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.
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