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14 Birch Road

Big Three Ventures, LLC Acquires Industrial Property In Middleton, MA For $3.3M
SOLDIndustrial

Big Three Ventures, LLC Acquires Industrial Property In Middleton, MA For $3.3M

14 Birch Road

$3,300,000

$99/SF

Building Size

33,160 SF

Asset Type

Industrial

Closing

Sep 30, 2022

AI

An industrial property located at 14 Birch Road in Middleton, MA has been sold in a closed transaction. The property spans a total area of 33,160 square feet and was sold at a price of $3,300,000, resulting in a price per square foot of $96. The transaction took place on September 30, 2022. The property is situated in Middleton, MA, which is a market known for its industrial properties.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $3,300,000
  • Square Footage: 33,160
  • Price per Square Foot: $96
  • Address: 14 Birch Road, Middleton, MA
  • Market: Middleton, MA

The buyer of the property is Big Three Ventures, LLC, while the seller is Birch Road 14, LLC. The transaction was facilitated by Chris Everest from Nordlund Associates, who represented the parties involved in the deal.

Players

Christopher Everest

Nordlund Associates

Broker

$36.6M

vol

13 deals

Broker
BL
Birch Road 14 LLCSeller

Belmont Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.81%

Cash-on-Cash

-1.37%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93