Railroad Construction Company/SPS New England Acquires Industrial Property At 1854 Main Street For $5.09M
1854 Main Street
$5,087,500
$565/SF
Building Size
9,000 SF
Asset Type
Industrial
Closing
Mar 31, 2025
AI
The property asset involved in the transaction is an industrial space located at 1854 Main Street in Brockton, MA. The sale price was $5,087,500 for a total square footage of 9,000, resulting in a price per square foot of $565.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $5,087,500
- Address: 1854 Main Street
- Market: Brockton, MA
- Square Footage: 9,000
- Price per Square Foot: $565
- Buyer: Railroad Construction Company/SPS New England
- Brokers: Matty Drouillard & Stephen Flynn - The Stubblebine Company
Matty Drouillard and Stephen Flynn represented the sellers in this transaction, facilitating the sale of the industrial property to the buyer, Railroad Construction Company/SPS New England.
Players
Brockton Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.12%
Cash-on-Cash
-0.89%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93