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58a Main Street

Wayne Greenwood Purchases Industrial Property From Nicholas Catt For $1.2M With Seller's Broker James Keefe
SOLDIndustrial

Wayne Greenwood Purchases Industrial Property From Nicholas Catt For $1.2M With Seller's Broker James Keefe

58a Main Street

$1,200,000

$147/SF

Building Size

8,125 SF

Asset Type

Industrial

Closing

May 7, 2025

AI

The property involved in this transaction is an industrial asset located at 58a Main Street in Bolton, MA. The sale, which took place on May 8, 2025, was completed for a total amount of $1,200,000. The property has a total square footage of 8,125 and a price per square foot of $147.

Summary of transaction details:

James Keefe of Greater Boston Commercial Properties represented the seller in this transaction and also facilitated a concurrent lease agreement. The seller, Nicholas Catt, expressed satisfaction with the services provided by Keefe and his team, highlighting their knowledge and experience as significant contributors to the successful outcome. The buyer, Wayne Greenwood, acknowledged Keefe's assistance in both the purchasing process and in securing a tenant efficiently, praising his professionalism and communication skills.

Players

James Keefe

Greater Boston Commercial Properties

Broker

$42.9M

vol

16 deals

Broker

Bolton 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

13.22%

Cash-on-Cash

-3.78%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93