Updated Sep 5, 2024
Arrowhead Capital LLC Acquires 41,000 SF Industrial Building In Hanson, MA For $4.3M
68 Industrial Boulevard
$4,300,000
$104/SF
Building Size
41,000 SF
Asset Type
Industrial
Closing
Aug 23, 2022
About this deal
AI
The Stubblebine Company/CORFAC International has facilitated the sale of an industrial property located at 68 Industrial Boulevard in Hanson, MA. The property, situated on 3.43 acres, features a 41,000 square feet industrial building. The transaction was closed at a sale price of $4,300,000.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $4,300,000
- Address: 68 Industrial Blvd, Hanson, MA
- Market: Hanson, MA
- BROKERS: Harrison Piper, David Berman, Chris Michniewicz & James Stubblebine - The Stubblebine Company
James Stubblebine, Principal of The Stubblebine Company, acted as the representative of the buyer, Arrowhead Capital LLC, in the transaction. On the other side, Harrison Piper, David Berman, and Chris Michniewicz of The Stubblebine Company represented the seller, 68 Industrial Boulevard LLC. The Stubblebine Company/CORFAC International, established in 1987, specializes in selling and leasing large industrial and investment properties, as well as adaptive re-use sites throughout New England.
On the Map
$4,300,000
$104/SF
Industrial
View full map
Players
Hanson Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Deal FAQ
Visit David Berman to view all their deals.
Browse Hanson industrial sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.69%
Cash-on-Cash
-1.05%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93