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18 Commerce Park Road, Bour...

Unicorn Realty Acquires Bourne Industrial Property For $10.6M
SOLDIndustrial

Unicorn Realty Acquires Bourne Industrial Property For $10.6M

18 Commerce Park Road, Bourne, Massachusetts 02559, United States

$10,575,000

$85/SF

Building Size

124,000 SF

Asset Type

Industrial

Closing

Oct 13, 2022

AI

Unicorn Realty has acquired an industrial property in Bourne, MA for a sale price of $10,575,000. The property is located at 18-21 Commerce Park Rd, 50 & 53 Portside Dr, and 618 Macarthur Blvd. With a total square footage of approximately 124,000, the price per square foot comes to $85. The transaction took place on 10/14/2022 and was facilitated by broker Dan Waldman of Waldman Associates.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $10,575,000
  • Address: 18-21 Commerce Park Rd, 50 & 53 Portside Dr, 618 Macarthur Blvd, Bourne, MA
  • Market: Bourne, MA
  • Square Footage: 124,000
  • Price per Square Foot: $85

Dan Waldman of Waldman Associates represented Unicorn Realty in the deal, ensuring a successful transaction for both parties involved.

Players

Daniel J. Waldman

Waldman & Associates

Broker

$61.6M

vol

13 deals

Broker

Pocasset 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

1.50%

Cash-on-Cash

-0.43%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93