Updated Sep 9, 2024
Move Forward Real Estate Sells Industrial Property On Main Street In Walpole, MA For $2.9M
1339-1357 Main Street
$2,900,000
$16/SF
Building Size
174,240 SF
Asset Type
Industrial
Closing
Jan 20, 2023
About this deal
AI
The industrial property located at 1339-1357 Main Street in Walpole, MA has been sold for a price of $2,900,000. The property spans a total square footage of 174,240, resulting in a price per square foot of $17.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $2,900,000
- Square Footage: 174,240
- Price per Square Foot: $17
- Address: 1339-1357 Main Street, Walpole, MA
- Market: Walpole, MA
The seller's representative for this transaction was Greg Martin from Move Forward Real Estate.
The industrial sale at 1339-1357 Main Street in Massachusetts sold for $2.9M in 2023. The building is 174,240 square feet, implying about 16 per square foot on the published price. Greg Martin, Avison Young appear on the sale alongside Avison Young. This page is the Massachusetts file for the 1339-1357 Main Street industrial sold: pricing, party profiles, and other closed industrial comps from the same Massachusetts sit in the Market section below. Filter that local industrial set by closing date to see what else sold near 1339-1357 Main Street around 2023. Published consideration for 1339-1357 Main Street is $2.9M, dated 2023. Cite this Move Forward Real Estate Sells Industrial Property On Main Street In Walpole, MA For $2.9M sale when underwriting similar industrial product around Massachusetts.
Players
Market 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
5.47%
Cash-on-Cash
-1.56%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93