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30 Airport Park Drive, Rock...

Updated Oct 28, 2024

Dynavac Corp Acquires Industrial Property In Rockland, MA For $2.4M With Brokers James McEvoy & Robert Conrad
SOLDIndustrial

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

About this deal

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.

On the Map

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$2,400,000

$63/SF

Industrial

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Players

James McEvoy

Broker

$62.7M

vol

13 deals

Broker

Rockland Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Deal FAQ

About $63 per square foot on a published $2.4M for 37,780 square feet (2022).

Visit Robert Conrad to view all their deals.

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

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