Dynavac Corp Acquires Industrial Property In Rockland, MA For $2.4M With Brokers James McEvoy & Robert Conrad
30 Airport Park Drive, Rockland, Massachusetts 02370, United States
$2,400,000
$63/SF
Building Size
37,780 SF
Asset Type
Industrial
Closing
Feb 3, 2022
AI
The industrial property located at 30 Airport Park Drive in Rockland, MA has been sold. The property spans across 2.2 acres and has a total square footage of 37,780. The transaction took place on 02/04/2022.
Summary of Transaction Details
- Property Type: Industrial
- Transaction Amount: $2,400,000
- Address: 30 Airport Park Drive, Rockland, MA
- Market: Rockland, MA
- Buyer: Dynavac Corp
- Seller: Anderson Four Realty Trust
- Brokers: James McEvoy & Robert Conrad - The Conrad Group
- Square Footage: 37,780
- Price per Square Foot: $64
James McEvoy & Robert Conrad from The Conrad Group represented the buyer and seller in this transaction.
Players
Rockland 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
6.61%
Cash-on-Cash
-1.89%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93