Transaction Details
Sold
Prime Signalized Corner
75,000 Square Foot Building
Full City Block of Property
100,000 Square Feet of Land
Huge Upside Potential
Buyer Assumed Exiting Loan
This entire city block of property posed a real challenge for broker Jon Paley due a long-term below market lease with anchor tenant Cambridge Farms Market. However, after running the numbers, we were able to demonstrate to the Investor the upside potential for either a rehabilitation of the property and future mixed-use development. The client couldn’t be happier.