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

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SOLD
$3,300,000

Maine

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Industrial33,160 SF
Sold 09/30/2022
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SOLD

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

14 Birch Road

See Similar Deals
Industrial33,160 SF
Sold 09/30/2022
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Summary

MAINE
Asset Type:Industrial
Price Per Square Foot:$99
Total Square Footage:33,160 SF
Transaction Type:Sale

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 (Chris) Everest
13 deals$36.6M volume
BROKER

SELLER

Details

SOLD
IMAGE: Chris Everest DATE: 09/30/2022 ADDRESS: 14 Birch Road MARKET: Middleton , MA ASSET TYPE: Industrial BUYER: Big Three Ventures, LLC SELLER: Birch Road 14, LLC BROKER: Chris Everest (@ChrisEverest) - Nordlund Associates (@NordlundAssociates) (@Nordlund_CRE) SALE PRICE: $3,300,000 SF: 33,160 ~ PPSF: $96

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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Cash Flow (Annual)-$11,724.21
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