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5 Granite Road

Aho Properties Represents Seller In $1.35M Industrial Sale At 5 Granite Road Acton MA
SOLDIndustrial

Aho Properties Represents Seller In $1.35M Industrial Sale At 5 Granite Road Acton MA

5 Granite Road

$1,350,000

$123/SF

Building Size

10,920 SF

Asset Type

Industrial

Closing

Dec 20, 2024

AI

A 10,920-square-foot industrial building situated on 1.28 acres has been sold at 5 Granite Road in Acton, MA. The transaction was completed for $1.35 million, reflecting a price per square foot of $124.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $1,350,000
  • Address: 5 Granite Road, Acton, MA
  • Acres: 1.28
  • Square Footage: 10,920
  • Price per Square Foot: $124

Joel Aho and Max Geesey of Aho Properties represented the seller in this transaction, facilitating the closing process for the sale.

Players

Joel Aho

Aho Properties

Broker

$42.4M

vol

17 deals

Broker

Acton 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

11.75%

Cash-on-Cash

-3.36%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93