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1339-1357 Main Street

Move Forward Real Estate Sells Industrial Property On Main Street In Walpole, MA For $2.9M
SOLDIndustrial

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

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.

Players

Greg Martin

Avison Young

Broker

$56.1M

vol

7 deals

Broker

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