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4 Keith Way, Hingham, Massa...

Conrad Group Represents Sale Of Industrial Property In Hingham, MA
SOLDIndustrial

Conrad Group Represents Sale Of Industrial Property In Hingham, MA

4 Keith Way, Hingham, Massachusetts 02043, United States

$3,450,000

$132,692/SF

Building Size

26 SF

Asset Type

Industrial

Closing

Dec 16, 2022

AI

The industrial property located at 4 Keith Way in Hingham, MA has been sold for $3,450,000. The transaction took place on 12/16/2022. The property spans 26,000 square feet, resulting in a price per square foot of $133.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $3,450,000
  • Date: 12/16/2022
  • Address: 4 Keith Way, Hingham, MA
  • Market: Hingham, MA
  • Square Footage: 26,000
  • Price per Square Foot: $133

The sale of this industrial property was facilitated by James McEvoy & Robert Conrad of Conrad Group. They represented the parties involved in the transaction.

Players

James McEvoy

Broker

$62.7M

vol

13 deals

Broker

Hingham 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

4.60%

Cash-on-Cash

-1.31%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93