SALEM, NH – MANSARD completed the sale of the retail property at 401 Main Street worth $4,300,000. MAIN STREET 401, LLC will take over ownership from NNM Realty Trust.
The 29,264 square foot retail property is home to sixteen mixed-use retail and office units anchored by People’s United Bank. It is conveniently located along a highly trafficked intersection with 30,000+/- vehicles per day.
“The sale of this landmark retail property in Salem was a team effort. Our sale process generated multiple offers, resulting in the right price for the seller. If it weren’t for the efforts of the entire team, notably Taylor Saulnier, this deal wouldn’t have happened. We’re excited for Main Street 401, LLC and wish them the best of success with the property,” said Jeremy Cyrier, CCIM, President and Commercial Real Estate Advisor.
New owner, Kim Abare of 401, LLC added, “Throughout the due diligence period, we worked directly with Jeremy in requesting several pieces of information.”
Over the past 19 years MANSARD has negotiated the successful sale of more than 1,000 properties.
