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Horvath & Tremblay Brokers Sale Of 93,270 Square Foot Industrial Property In Palmer For $3.81M

Property Image
SOLD
$3,811,462

Massachusetts

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Industrial
Sold 09/05/2025
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Property Image
SOLD

Horvath & Tremblay Brokers Sale Of 93,270 Square Foot Industrial Property In Palmer For $3.81M

1127 South Main Street

See Similar Deals
Industrial
Sold 09/05/2025
Contact now

Summary

MASSACHUSETTS
Asset Type:Industrial
Transaction Type:Sale

The property asset involved in the transaction is the Bell/Simons Co. facility located at 1127 South Main Street in Palmer, MA. The sale was completed for $3,811,462. The facility encompasses 93,270 square feet and is situated on 5.31 acres of land.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $3,811,462
  • Square Footage: 93,270
  • Address: 1127 South Main Street
  • Market: Palmer, MA
  • PPSF: $41
  • Lease Type: Modified net lease
  • Remaining Lease Period: Two years

The brokers involved in the transaction were Robert Horvath, Todd Tremblay, and Brad Canova from Horvath & Tremblay. They facilitated the sale of the property with Bell/Simons continuing occupancy under a modified net lease agreement.

Players

Robert (Bob) Horvath
113 deals$561.5M volume
BROKER

Todd Tremblay
Horvath & Tremblay
103 deals$515.2M volume
BROKER

Brad Canova
Horvath & Tremblay
4 deals$17.8M volume(781) 776-4017
BROKER

Horvath & Tremblay
BROKERAGE

Details

SOLD
IMAGE: Robert Horvath, Todd Tremblay & Brad Canova DATE: 09/05/2025 ADDRESS: 1127 South Main Street MARKET: Palmer, MA ASSET TYPE: Industrial ~ ACRES: 5.31 BROKERS: Robert Horvath, Todd Tremblay & Brad Canova - Horvath & Tremblay SALE PRICE: $3,811,462 SF: 93,270 ~ PPSF: $41 NOTE: Horvath & Tremblay brokered the $3.8 million sale of the Bell/Simons Co. facility at 1127 S. Main St. in Palmer, MA. The 93,270-square-foot property sits on 5.31 acres, with Bell/Simons continuing occupancy under a modified net lease with two years remaining.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$203,277.97

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$13,541.32
Cash-on-Cash Return-1.27%
Monthly Debt Service$18,068.27
Annual Debt Service$216,819.29